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Price and Supply: productions put under restriction in China, operations of supply-side remain low
Nov. 23, 2018
Herbicide
This week, due to the rise in prices of basic yellow phosphorus and glycine, the former working price of glyphosate technical remains high, being quoted at above Yuan28,500 per ton. As regards glufosinate technical, after its price was raised by vendors, domestic downstream buyers have appeared very hesitant and the price has returned to Yuan18,000 per ton, as the market situation needs to be watched closely.
Amide herbicide transactions are growing gradually. As a result of the rising prices of liquid chlorine, chloroacetic acid, chloroacetyl chloride and MEA, the pressure on production costs of amide herbicides increased, while purchases from domestic and international markets were initiated gradually. Production at chemical parks in north Jiangsu have not resumed yet, and phenol price still remains high, where 2,4-D technical remains at the high level of Yuan26,000 per ton, which still in short supply. Quizalofop-p-ethyl technical and nicosulfuron technical are also in short supply, and supplies of its upstream intermediates are restricted , which are at high price levels and in short supply.
The chemical parks in north Jiangsu are facing great pressure from environmental compliance regulations. There are fewer bentazone technical factories in operation, which results in reduced supplies, so is the cyhalofop-butyl technical production, the price of which has risen to Yuan240,000 per ton. The 3,4-difluorobenzonitrile is still in short supply. Clodinafop-propargyl technical is running short due to demand for replenishment of stocks following the previous elimination of stocks, being quoted at Yuan290,000 per ton, while its production is still not high. The stocks in clethodim technical factories are at low levels, while triketone technical production is running extremely low due to environmental compliance regulations, and there are a large quantity of purchase orders from international markets, resulting in rising prices.
Prices of some herbicides:
|
Product（TC）
|
Price（000 RMB/ton）
|
|
2,4-D
|
26
|
|
Mefenacet
|
77
|
|
Bensulfuron-methyl
|
300
|
|
Diquat
|
40
|
|
MCPA-sodium
|
24
|
|
Fomesafen
|
130
|
|
Quizalofop-P
|
255
|
|
Mesotrione
|
245
|
|
Nicosulfuron
|
290
|
|
Oxyfluorfen
|
178
|
Insecticide
This week, abamectin technical series remained in short supply, while emamectin benzoate technical market was rather sluggish. Its downstream buyers are hesitating and are watching the market. After the beginning of supply of central heating, a staggered production mode will be implemented, as avermectin powder is found in short supply. The emamectin benzoate technical market is low, and its market trend will need to be watched for some time. The upstream CCMP of nicotine products is still under restriction, while domestic downstream buyers are hesitating and watching the market. There are some trade products being supplied, but, in general, market transactions are slowing down.
Phosphorus pentasulfide has been high due to consolidation, while Malathion technical has been found in short supply. Diethyl chlorothiophosphate has been sustained by cost backups, but production of its downstream profenofos technical, Dursban technical and phoxim technical, are running low. Supplies of organophosphorus products will be restricted by the high cost involved in waste treatment.
Due to shortages of downstream 2, 6-Difluorobenzamide, which remains at a high price level, its associated products are maintaining high prices. At present, chlorfluazuron technical is quoted at Yuan480, 000 per ton, hexaflumuron technical at Yuan420, 000 per ton, lufenuron technical at Yuan480,000 per ton and etoxazole technical at Yuan450,000 per ton. The prices of this product series are rising sharply, and its upstream products are expected to remain in short supply.
Prices of some insecticides:
|
Product（TC）
|
Price（000 RMB/ton）
|
|
Imidacloprid
|
188
|
|
Pyridaben
|
110
|
|
Carbosulfan
|
112
|
|
Acetamiprid
|
192
|
|
Chlorpyrifos
|
53
|
|
Fipronil
|
700
|
|
Lambda-cyhalothrin
|
375
|
|
Emamectin benzoate
|
1250
|
|
Clothianidin
|
160
|
|
Thiamethoxam
|
130
|
Fungicide
Difenoconazole technical production is not running high, stocks are on the low side and the product is found in short supply. Propiconazole technical has remained low, as impacted by the available stocks on the market. Intermediates for tebuconazole technical are currently in short supply, as not many tricyclazole technical factories are running, while factories in Lianyungang Chemical Park are under restrictions, which have an impact on the supply of intermediates.
There has been a sharp price rise in parachloroaniline, the upstream product of pyraclostrobin technical. Most of the factories have shut down production for maintenance, while traders are selling at low prices. Meanwhile, new capacity is being put into operation, which needs to be watched as to how the market will be affected by new capacity. Carbendazim technical and thiophanate-methyl technical vendors are very careful about taking purchase orders. Production in Ningxia and Jiangsu are faced with pressure from environmental compliance regulations. Demand for fluazinam technical is increasing, and its production is very centralized in certain factories. There is high demand from South America and supply is limited. Prochloraz technical production is under restriction and production is seriously limited, while stocks on the market are at low levels.
Prices of some fungicides:
|
Product（TC）
|
Price（000 RMB/ton）
|
|
Difenoconazole
|
250
|
|
Pyraclostrobin
|
210
|
|
Propiconazole
|
128
|
|
Mancozeb（WP）
|
20
|
|
Fluazinam
|
330
|
|
Thiram
|
16.5
|
|
Azoxystrobin
|
335
|
|
Cyazofamid
|
730
|
|
Tricyclazole
|
92
|
|
Diethofencarb
|
140
|
Source: Sal-Biosciences
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