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UPL, Rallis, Coromandel, Atul could be under pressure owing to this draft notification

In an unexpected move, the govt has issued gazette notification of a draft order banning 27 pesticides and has given 45 days for the industry and companies to come back with any objection
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or suggestion which will be considered by the government. The draft order prohibits import, manufacture, sale, transport, distribute and use insecticides. The Registration Committee shall call back the certificate of registration granted for the insecticides as specified

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The list includes Acephate, Atrazine, Benfuracarb, Butachlor, Captan, Carbendazim, Carbofuran, Chlorpyriphos, 2,4-D, Deltamethrin, Dicofol, Dimethoate, Dinocap, Diuron, Malathion, Mancozeb, Methomyl, Monocrotophos,

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Oxyfluorfen, Pendimethalin, Quinalphos, Sulfosulfuron, Thiodicarb, Thiophanat emethyl, Thiram, Zineb, Ziram,

....
In most the cases there is no scientific data that suggest harm to human beings. Also some of the large molecules are yet to be banned in developed countries. The company/industry is likely to object ban on some of the large molecules.
Collectively these products contribute more than 35% of the Indian agrochemical industry
Further, there is ambiguity if the company would be allowed to manufacture these products for exports as regulator issues separate license for domestic use and exports
However, this might turn out to be a positive for MNCs and speciality molecules (PI Inds) as they rollout advanced molecules.

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