Locust attack to spur demand for pesticides

Rallis India, Bayer Crop, Excel, Gharda Chemical, UPL Coromandel, Syngenta, Atul, among other pesticide makers would see a big opportunity in the current scenario
Huge swarms of desert locusts are destroying crops across western and central India, prompting authorities to step up their response to the country’s worst plague in nearly three decades. Eight to 10 swarms, each measuring around a square kilometre (0.39sq miles) are active in parts of Rajasthan and Madhya Pradesh. India has not seen locust swarms on this scale since 1993. The insects have caused enormous damage to the seasonal crops in both the states, devastating many farmers already struggling with the impact of a strict coronavirus lockdown.

As the locust attack spreads widens, the apparent danger to vegetation are is worsening. It is believed that the impact can be severe as these insects destroys all the crops/trees on their way in a very short span of time. The rapid spread could be very harmful for the upcoming kharif crops. The good part is most of the crops have been harvested till now, although some horticulture crops are still there on fields which are getting affected.
Meanwhile, the government have earlier formed locust control program working mainly on tracking the movement of the locust worms and advises for community spray of pesticides in the affected region.

The government has identified various pesticides applicable on this locust.
They are: Chlorphyrifos, Deltamethri, Lamba cyhalothrin, Melathion, Bendiocarb, Diflubenzuron, Melathion, that are product of Excel Crop, Gharda, UPL, Coromandel, IIL, Bharat Rasayan, Bayer Crop, Meghmani, Rallis, Syngenta, Atul, Nagarjuna, Hindustan Insecticides, Dow Chemical, Chemtura to name few.

The locust attack is certainly not a good news for the farmers, as historically this pest have completely damaged crops/trees on its way.
The availability of these molecules in the market and the government closely monitoring the pest (locating the pest as it can be destroyed in community spraying during night/dawn) to protect environment.

Disclaimer –
This document is meant for the recipient only for use as intended and not for circulation. This document should not be reproduced or copied or made available to others. The information contained herein is from the public domain or sources believed to be reliable. While reasonable care has been taken to ensure that information given is at the time believed to be fair and correct and opinions based thereupon are reasonable, due to the very nature of research it cannot be warranted or represented that it is accurate or complete and it should not be relied upon as such. Also above note is not a recommendation to Buy or SELL and is only a view based on facts and figures and we will be in no way responsible for any losses incurred by anyone who uses this information to either trade or invests securities mentioned herein.