According to CCPIA Monthly Bulletin of Statistics of China Pesticides, in Aug, VWAP of paraquat TK increased by $283 per tonne than that of Jul, till now paraquat price has been increasing for three months in a row, although the growths are not obvious.
With one less manufacturer operating in Aug (compared with that of Jul), the output of paraquat TK fell significantly by 56.0% MoM. Main factor is the ban of paraquat AS production that implemented in Jul, which also drove the decline of sales volume. Seen from the above chart, sales volume of paraquat TK fell by 47.9% than that of Jul.