Trusted Market and Commodities-Trade Intelligence
Since the second half of 2017, under the effect of the environmental protection examination, chemical enterprises had to stop or restrict production, which caused serious short supply of pesticide technical and intermediates and low operating rate of technical enterprises. Moreover, some producers engaged in trading raised the pesticide technical prices and by Nov. 2017, they reached the highest and didn’t fall. Except for some price reduction of some special products, most pesticide technical products maintained at a high price level though the prices didn’t go up to a large extent.
The price of pyridine continues the decreases in China. From the prospective of operating situation in downstream market, the paraquat market maintains a low operating rate currently with weakened demand. It is predicted that the price of pyridine may continue to decrease.
The price of 42% paraquat TK in China keeps declining at present. At present, the average operating rate of paraquat manufacturers remains low, judging from the output of the product in July, which is positive to curb the price fall.