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Prices of pesticide formulation at terminal market don’t synchronize with technical in early 2018

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.

 

Price of pyridine continues decreases

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.

 

Paraquat TK ex-work price takes on continual downtrend

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.

 

State Statistical Bureau: Chinese chemical pesticide declined 2.6% in April, 2014

According to State Statistical Bureau, there are more than 353 pesticide enterprises producing pesticide TC 292,000 tons, declined 2.6% YoY in April, 2014. Jiangsu province, whose output is 87,200 tons, is the most provinces of pesticide production, then Shandong Province whose output is 68,400 tons and Zhejiang Province, whose output is 28,400 tons.


The export and price of pesticide are stable in the first quarter, but come out hidden worries in the second quarter

The nine session of the three council of ChinaCrop Protection Industry Association (CCPIA) convened a meeting and figured out in Xiamen in May 27th, pesticide industry achieve steady and progress in 2013, but, at present, staple commodity came out prices downward trend, which should be drew attention. Zhang Wenjun, director of Institute for the Control of Agrochemicals, analyzed the condition of the export of pesticide in the first quarter of 2014. One is the stable trend of the number and amount of import and export and export price rising. Two is that the proportion gap of TC preparation is getting big and the preparation plays leading role. Three is that Asia and South America lead the market of export and Africa highlighted potential. The export of pesticide to Africa is 79,700 tons, rising 17.23% YoY, and the amount of exported rose 19.9%. Four is the number and amount of export of herbicide still ranked the top. Five is that the export of glyphosate I 133,000 tons, accounting for 31% of the export of pesticide.


Chinese pesticide price index (CAPI) in April 2014 announced

CAPI in April 2014 is 102.75, which continued to increase in the first season before falling back, declining 2.78% and 0.76% YoY. With the increasingly strict environmental protection policy, the domestic pesticide market operate in the fluctuation, herbicides and insecticides have larger effect in CAPI, it decides the trend of CAPI to a certain extent. 


The price of insecticides from many manufacturers in May 14th

Qinghai Haina Biotechnology Co., Ltd. Bifenthrin 25g/L EC, this product is a pyrethroid insecticide with contact poisoning and stomach action, without systemic action and fumigation action, and it takes effect fast. The product specification is 100ml*40 bottles/piece and the ex-factory price is stable in 105 Yuan.