Herbicides China Monthly Report 2024

Herbicides China Monthly Report provides you with real-time intelligence on China’s herbicides market.

It is a monthly published newsletter, which can be downloaded in PDF format. The subscription period is yearly, and grants the subscriber 12 issues in total.

China’s herbicides output has grown rapidly in recent years to fuel rising demand in both the domestic and export markets, and production should continue to expand for the next few years.

However, the industry is also facing a number of long-term challenges, including low market concentration, poor R&D investment, increasing costs due to China’s tightening environmental regulations and growing crop resistance to key products such as glyphosate.

Herbicides China News will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire herbicides industry chain, from raw materials to end consumption.

The newsletter includes:

• Breaking news from China and abroad
• The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
• In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
• Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations

This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire herbicides 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, Chinese government policy, performance of leading Chinese producers, M&A, new technologies, and expert commentary from industry insiders.

Here is the Editor's Note for you to know about the May issue specifically:

In May, many herbicides TC had stable price or experienced small fluctuations; most herbicides had lacklustre sales. MoM price changes of major herbicides TC in China averaged a negative 0.07%; the overall downtrend slowed. Major herbicide raw materials had mixed price trends. Specifically, the price of liquid chlorine halved on a monthly basis as the supply recovered.

This month, many Chinese herbicide producers maintained low-level operation, while some others adjusted annual equipment maintenance schedule and lowered or halted operation. The overall operating rate dipped on a monthly basis. Regarding company dynamics, Gansu Binnong released in late April the completion-based environmental protection check and acceptance report of the 22,000 t/a pesticides and intermediate project (Phase I). The Phase I program includes 5,000 t/a glufosinate-ammonium production capacity.

On 8 May, MARA released the first batch of 2024 agricultural GMO safety certificate approval list. This batch includes an insect-resistant and herbicide-tolerant GM corn, valid across China till 6 May, 2029.

Regarding pesticide registration, on 26 April, ICAMA released the list of this year's 4th-batch pesticide products to be approved of registration, which include 90 herbicide products. The majority of the herbicide products are of low toxicity and the most popular form is SL. Glufosinate-P is the most popular active ingredient.

Regarding exports, during Jan.-April 2024, export volume of herbicide formulations from China grew by some 59% YoY, but the value only edged up less than 1% YoY. In April alone, the export volume and value expanded some 68% and 11% YoY, respectively.