Insecticides China Monthly Report 202308
Welcome to the August Issue of Insecticides China Monthly Report.
This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire insecticide industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the August issue specifically:
In Aug., insecticide price was basically stable in China, except price hikes in chlorpyrifos TC and methomyl TC. Moreover, on a monthly basis, small upward movements in the prices of some nicotinoids and pyrethroids were mainly propelled by rising raw material price. Despite price increases, the overall market demand was still weak. Since the majority of insecticide producers have resumed production, yet recovery in demand has been seldom seen, it is believed that the prices of most insecticides TC will keep stable, and there are small chances that upward trend in the prices of some products will continue.
Many pesticide enterprises have recognised the irresistible trend in the industry—the development of high-efficacy low-toxicity pesticides, and they have actively launched such projects. This trend is set against the backdrop that ever increasing requirements and restrictions have been enforced on industrial projects in China, as well as the fact that ever growing attentions have been paid to food safety and environmental protection. This month, Gansu Jinse Runsheng published the EI report of its 15,200 t/a pesticide TC and intermediate project, Shandong United Pesticide saw the EI report of its 10,000 t/a CCMP and 5,000 t/a acetamiprid TC project accepted by local government, Qingdao Hengning revealed a green high-efficacy pesticide TC and intermediate project. Besides, Liaoning Longtian has completed the construction of 1,000 t/a chlorantraniliprole TC production lines.
As to latest policy, Anhui provincial command of prevention and control of major pests & diseases on crops issued a notice, which requires local governments in the province to do a good job on prevention and control of major pests & diseases, strengthen accurate early warning services, and promote unified prevention and control. Statistics collected from various plant inspection and protection stations in Anhui Province showed that there was heavier-than-average occurrence of major pests & diseases on autumn grain crops in the province, and an overall relatively heavy occurrence was expected.
The USD/CNY exchange rate in this newsletter is USD1.00 = CNY7.1283 on 1 Aug., 2023, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
Insecticides China E-News is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire insecticide industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the August issue specifically:
In Aug., insecticide price was basically stable in China, except price hikes in chlorpyrifos TC and methomyl TC. Moreover, on a monthly basis, small upward movements in the prices of some nicotinoids and pyrethroids were mainly propelled by rising raw material price. Despite price increases, the overall market demand was still weak. Since the majority of insecticide producers have resumed production, yet recovery in demand has been seldom seen, it is believed that the prices of most insecticides TC will keep stable, and there are small chances that upward trend in the prices of some products will continue.
Many pesticide enterprises have recognised the irresistible trend in the industry—the development of high-efficacy low-toxicity pesticides, and they have actively launched such projects. This trend is set against the backdrop that ever increasing requirements and restrictions have been enforced on industrial projects in China, as well as the fact that ever growing attentions have been paid to food safety and environmental protection. This month, Gansu Jinse Runsheng published the EI report of its 15,200 t/a pesticide TC and intermediate project, Shandong United Pesticide saw the EI report of its 10,000 t/a CCMP and 5,000 t/a acetamiprid TC project accepted by local government, Qingdao Hengning revealed a green high-efficacy pesticide TC and intermediate project. Besides, Liaoning Longtian has completed the construction of 1,000 t/a chlorantraniliprole TC production lines.
As to latest policy, Anhui provincial command of prevention and control of major pests & diseases on crops issued a notice, which requires local governments in the province to do a good job on prevention and control of major pests & diseases, strengthen accurate early warning services, and promote unified prevention and control. Statistics collected from various plant inspection and protection stations in Anhui Province showed that there was heavier-than-average occurrence of major pests & diseases on autumn grain crops in the province, and an overall relatively heavy occurrence was expected.
The USD/CNY exchange rate in this newsletter is USD1.00 = CNY7.1283 on 1 Aug., 2023, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
Insecticides China E-News is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
Headline
Editor's note
Market analysis
Weak insecticide TC market continues in early Aug.
Late-Aug. prices of chlorpyrifos TC and methomyl TC up over 10% MoM
Company and supply
Gansu Jinse Runsheng plans to build 15,200 t/a pesticide TC and intermediate project
Liaoning Longtian builds up 1,000 t/a chlorantraniliprole TC lines
Shandong United Pesticide restarts CCMP & acetamiprid TC project
Qingdao Hengning to build 4,000 t/a 2,3-dichloropyridine capacity
Policy
Anhui intensifies control of major pests & diseases on autumn grain crops
Registration
59 Insecticide TC products approved of registration renewal in Aug.
Pest
NATESC calls for reinforced pest & disease monitoring and early warning after Typhoon Doksuri
Trade analysis
China's insecticide formulation Imp. & Exp. see YoY increases in May–June
Brief news
Inner Mongolia Daoke plans to build 20kt/a pesticide intermediate project
First chlorantraniliprole and tea saporin products registered to control fall webworm in China
NATESC issues technical points in controlling major pests & diseases on autumn grain crops
Xinjiang Borui Tiansheng plans to construct 13.4kt/a pesticide & intermediate project
Hebei recommends chlorantraniliprole & imidacloprid for post-flood field management
Nanjing Red Sun formally starts chlorantraniliprole production in Chongqing
NATESC suggests emamectin benzoate & chlorfenapyr use limit on cowpea
European Union to relax flonicamid MRLs in some vegetables
EI report of Shandong Huayang's 5,000 t/a acephate project approved
Weifang Maoyuan plans to build thiamethoxam capacity
Price update
Ex-works prices of major insecticides in China, 8 August, 2023
Shanghai Port prices of major insecticides in China, 8 August, 2023
FOB Shanghai prices of major insecticides in China, 8 August, 2023
Editor's note
Market analysis
Weak insecticide TC market continues in early Aug.
Late-Aug. prices of chlorpyrifos TC and methomyl TC up over 10% MoM
Company and supply
Gansu Jinse Runsheng plans to build 15,200 t/a pesticide TC and intermediate project
Liaoning Longtian builds up 1,000 t/a chlorantraniliprole TC lines
Shandong United Pesticide restarts CCMP & acetamiprid TC project
Qingdao Hengning to build 4,000 t/a 2,3-dichloropyridine capacity
Policy
Anhui intensifies control of major pests & diseases on autumn grain crops
Registration
59 Insecticide TC products approved of registration renewal in Aug.
Pest
NATESC calls for reinforced pest & disease monitoring and early warning after Typhoon Doksuri
Trade analysis
China's insecticide formulation Imp. & Exp. see YoY increases in May–June
Brief news
Inner Mongolia Daoke plans to build 20kt/a pesticide intermediate project
First chlorantraniliprole and tea saporin products registered to control fall webworm in China
NATESC issues technical points in controlling major pests & diseases on autumn grain crops
Xinjiang Borui Tiansheng plans to construct 13.4kt/a pesticide & intermediate project
Hebei recommends chlorantraniliprole & imidacloprid for post-flood field management
Nanjing Red Sun formally starts chlorantraniliprole production in Chongqing
NATESC suggests emamectin benzoate & chlorfenapyr use limit on cowpea
European Union to relax flonicamid MRLs in some vegetables
EI report of Shandong Huayang's 5,000 t/a acephate project approved
Weifang Maoyuan plans to build thiamethoxam capacity
Price update
Ex-works prices of major insecticides in China, 8 August, 2023
Shanghai Port prices of major insecticides in China, 8 August, 2023
FOB Shanghai prices of major insecticides in China, 8 August, 2023
