Most cos to face destocking pressure through 1QCY24: Kotak Institutional Equities report
The global agrochemical market is likely to experience a double-digit decline in revenues in CY2023. While prices of most post-patent active ingredients are believed to have bottomed out in 2QFY24, the anniversary effect of destocking is expected to be felt only 2QCY24 onwards.
United States Godrej Agrovet Kotak Institutional Equitie Latin America South India Insecticides India
Source: indiatimes.com