Summary:
In Nov., ex-works price of insecticides TC had MoM decrease in China.
Specifically, the price of pyrethroid insecticides TC first went up but
later dipped through this month, and prices of acaricides, carbamates,
insect growth regulators and other insecticides remained low.
In
China, the monthly ex-works prices of insecticides TC in Nov. slipped
by 0.47% on average on a monthly basis, and fell by 20.83% on a yearly
basis.
Nicotinoid insecticides: The
Nov. ex-works price of nicotinoids decreased MoM. Main intermediates
for insecticides under this category, such as 2-nitroaminoimidazoline
and 2-chloro-5-(chloromethyl)pyridine (CCMP), witnessed downtrend in
their prices, which could not effectively support the price of
nicotinoids. Besides, there have been sufficient supplies of
imidacloprid TC and acetamiprid TC in the market, plus normal operation
in the majority of producers. However, downstream demand was dull and
mainly small orders were made to replenish stock.
Pyrethroid insecticides: The
ex-works price of pyrethroid insecticides TC first went up but later
dipped through Nov., and in general, the price edged up 0.04% MoM. The
prices of beta-cypermethrin TC, cypermethrin TC, etc. registered MoM
increases in early-Nov., but the prices started to fall late this month.
Compared with insecticides of other categories, the overall performance
of pyrethroids is rather optimistic, mainly because the majority of
producers reduced their output, and some even could not supply stably.
Short-term supply shortage for some pyrethroid insecticides TC made
their prices went up a little.
Organophosphorus insecticides: Average
price fall for this category was logged at 0.39% on a monthly basis.
Although some products like acephate TC and triazophos TC had stable
price, most of organophosphorus insecticides TC have come into the
off-season. Apart from a few orders to satisfy the rigid demand, new
orders were rare. According to producers of insecticides TC under this
category, at the end of Nov., sales pressures mounted and competition in
the market turned intense. In order to attract orders, there exists the
possibility of further lowering quotations.
For
acaricides, carbamates, insect growth regulators and other
insecticides, the market was quite dull. Ex-works prices of most TC
products remained at a low level, and sales were under much pressure.
Table Monthly ex-works prices of major insecticide TC products in China, Nov. 2023
|
Category
|
Product
|
Ex-works price in Nov. 2023 (RMB/t)
|
Ex-works price (USD/t)
|
RMB MoM change
|
RMB YoY change
|
|
Nicotinoid insecticide
|
95% Acetamiprid technical
|
82,200
|
11,451.98
|
-2.68%
|
-40.24%
|
|
97% Imidacloprid technical
|
92,800
|
12,928.75
|
-1.59%
|
-36.33%
|
|
Pyrethroid insecticide
|
95% Beta-Cypermethrin technical
|
126,440
|
17,615.43
|
-1.19%
|
-22.19%
|
|
94% Cypermethrin technical
|
58,000
|
8,080.47
|
1.40%
|
-30.54%
|
|
98% Deltamethrin technical
|
390,000
|
54,334.20
|
1.30%
|
-27.78%
|
|
95% Lambda-cyhalothrin technical
|
118,200
|
16,467.44
|
-1.34%
|
-38.60%
|
|
Organophosphorus insecticide
|
97% Acephate technical
|
43,000
|
5,990.69
|
0.00%
|
-23.89%
|
|
95% Chlorpyrifos technical
|
36,740
|
5,118.56
|
-0.49%
|
-25.85%
|
|
85% Triazophos technical
|
69,000
|
9,612.97
|
0.00%
|
16.95%
|
|
90% Phoxim technical
|
37,000
|
5,154.78
|
-1.07%
|
-17.78%
|
|
Acaricide
|
90% Propargite technical
|
60,000
|
8,359.11
|
0.00%
|
0.00%
|
|
97% Spirodiclofen technical
|
139,000
|
19,365.27
|
0.00%
|
-13.12%
|
|
Carbamate insecticide
|
98% Carbofuran technical
|
100,000
|
13,931.85
|
0.40%
|
-13.04%
|
|
98% Methomyl technical
|
73,900
|
10,295.63
|
-1.10%
|
-7.63%
|
|
Insect growth regulator
|
95% Buprofezin technical
|
65,000
|
9,055.70
|
0.00%
|
-13.33%
|
|
Others
|
95% Abamectin technical
|
380,000
|
52,941.01
|
-1.66%
|
-30.66%
|
|
70% Emamectin benzoate technical
|
367,500
|
51,199.53
|
0.00%
|
-30.13%
|
Source: CCM
More information can be found at CCM Insecticides China Monthly Report.
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