Price and Supply: China’s pesticide technical remains at high price levels

2018ACE  was held at Shanghai EXPO, as planned, which attracted much attention from the industry . The minimal relief in the industry's supply side still remains a concern, which is the main reason for the  ongoing contradictions in supply.

 

As production at chemical industrial parks recovered later than was expected, ex-work prices remain at high levels. Also, the  lower return of downstream plantations has not yet been alleviated , but will surely replace the source of supplies for Chinese domestic pesticide formulations. Further, the domestic market is confronted by the demand for  a buildup of inventories, the cost of which will be continuously passed on .

 

The  requirement for a shutdown  of production during the heating season of the “2+26” cities, as well as ecological treatment along the Yangtze, and strict environmental compliance inspections in chemical production provinces, such as in Jiangsu Province, still continue  to be the main causes restricting supplies at a later stage. The Sino-US trade conflict may not harm business, in which  the world pesticide industry relies on imports of Chinese pesticides, and the pesticide technical market is expected to remain at high price levels, in the short run.

 

 

Compared to last year, the prices of glufosinate technical, glyphosate technical, diquat technical, pendimethalin technical, acetochlor technical, propisochlor technical and metolachlor technical have fallen while that of pretilachlor technical, butachlor technical, fomesafen technical, haloxyfop-R-methyl and metolachlor technical remained the same. The prices of all other varieties, however, are rising.

 

Compared to last week, the prices of benzooxamide technical, glufosinate technical, diuron technical, oxadiazon technical, trifluralin technical, quizalofop-p-ethyl technical, fluroxypyr-mepthyl technical, bentazone AS, clethodim technical, acetochlor technical and atrazine technical are rising, while the remainder  of the herbicides are the same.

 

Prices of some herbicides as below:

Product（TC）	Price（000 RMB/ton）
2,4-D	24
Mefenacet	78
Glufosinate-ammonium	180
Diuron	55
Oxadiazon	290
Trifluralin	40
Quizalofop-P	230
Clethodim	200
Mesotrione	245
Atrazine	24

Product（TC）	Price（000 RMB/ton）
Abamectin	480
Imidacloprid	190
Pymetrozine	165
Pyridaben	100
Carbosulfan	100
Acetamiprid	190
Chlorpyrifos	53
Dinotefuran	380
Cypermethrin	135
Bifenthrin	425

Product（TC）	Price（000 RMB/ton）
Chlorothalonil	54
Pyraclostrobin	220
Carbendazim（white）	39
Carbendazim（grey）	37
Thiophanate-methyl（white）	34
Thiophanate-methyl（grey）	32
Dimethomorph	155
Boscalid	400
Propineb	34
Metalaxyl	130