This week the chlorpyrifos market meets a tight supply. The mainstream quotation of 97% chlorpyrifos technical in the domestic market reached USD6,031/t—USD6,346/t.
This is due to the rise in prices of raw materials: ethyl chloride and 3,5,6-trichloropyridin-2-ol sodium. The deal price of ethyl chloride climbed to USD3,173/t because of a tight supply, which stems from the high pressure exerted by the environmental protection scrutiny. In the short term, the price of ethyl chloride will still keep running high. The price of 85% 3,5,6-trichloropyridin-2-ol sodium by physical quantity reached USD5,386/t. Similarly, the supply of the product has been cut down by a low operating rate to cope with the environmental protection scrutiny. In conclusion, the price of chlorpyrifos will keep running high.
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