In October 2026, the fungicide industry entered its traditional off‑season. Upstream raw material prices pulled back after earlier surges but remained elevated overall. With maintenance at some plants and rigid cost floors, quotes for certain technicals edged up. Meanwhile, production access regulation kept tightening and both export volume and value fell YoY, leaving firms facing dual pressure from costs and compliance.
Market
In October 2026, prices of key raw materials for fungicide TCs generally declined—seven of nine products fell and two rose, with the average down 4.20% MoM. Despite easing upstream costs, more than half of TC products still posted gains in the traditional off‑season, supported by localized supply contraction or rigid costs, though the market lacked sustained momentum for a broad rally.
Companies
Shaanxi Meibang was active on several fronts in October 2026: it disclosed Q3 operating data showing sharp divergence between fungicide and insecticide prices; adjusted its annual credit limit internally to concentrate resources; and issued a stern rights‑protection statement on several core fungicide composition patents, vowing legal action against infringement. Meanwhile, Hunan Haili accelerated fungicide capacity build‑out: Phase I of Haili Guixi's 3,000 t/a pyraclostrobin project entered pre‑approval disclosure, and Ningxia Haili issued a tender notice for a thiophanate‑methyl intermediate (salicylonitrile) facility.
Policy
On 10 October, 2026, MARA issued the revised Detailed Rules for the Review of Pesticide Production Licenses, effective 1 December, 2026—another systemic upgrade to production access regulation. On 8 October, 2026, EFSA published its peer review conclusion on the fungicidal active substance cyazofamid.
Registration
On 29 September, 2026, ICAMA published the tenth batch of proposed pesticide registrations, including 189 fungicide products—mostly suspension concentrates—with key active ingredients like pyraclostrobin, tebuconazole, azoxystrobin, and prothioconazole.
Disease
On 30 September, 2026, the National Agro‑Tech Extension and Service Center issued the 2026 Technical Guidance on Seed Treatment for Autumn‑Sown Wheat and Pest and Disease Control in Autumn and Winter, setting out region‑specific, category‑based strategies. On 16 October, 2026, it issued Technical Measures for Quality and Safety Risk Control in Sweet Potato, stressing "prevention first, integrated control," moving prevention upstream, and focusing on the seedling and field stages to break pathogen transmission chains.
Trade
In September 2026, China's exports of fungicide formulations reached 22,656.57 tonnes, down 25.97% YoY. Export value reached USD114.51 million, down 18.06% YoY, while the average export unit price rose 10.68%.
The exchange rate was USD1 = RMB6.7367, according to data published by the People's Bank of China on 8 October, 2026.

