In Nov., the majority of herbicides TC have stable ex-works price in China. It should be noted that the price of 2,4-D TC has kept stable, while the prices of glufosinate-ammonium TC and glyphosate TC have quite big drops.
As regards company dynamics, Jiangxi Hetian's 6,000 t/a pesticides TC, 2,800 t/a pesticide formulations and 200 t/a organic intermediate project (phase I ) has come to an end; Jiangsu Sword's wholly-owned subsidiary Ningxia Surongda has recently completed construction of its 76,000 t/a pesticide intermediate project; Shangyu Nutrichem has expanded its mesotrione TC capacity to 4,000 t/a. Besides, Nanjing Red Sun has been ruled to go into pre-packaged reorganisation by the Nanjing Intermediate People's Court.
The USD/CNY exchange rate in this newsletter is USD1.00 = CNY7.2081 on 1 Nov., 2022, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
- Jiangxi Hetian finishes acceptance check of several pesticide TC production lines
- Jiangsu Sword gets pesticide intermediate business on the fast track for development
- Shangyu Nutrichem successfully expands mesotrione TC capacity
- Most herbicides TC have stable price in early Nov., some see the price drop
- 2,4-D price keeps stable
- Nov. prices of paraquat and pure pyridine have big YoY increase
- Nanjing Red Sun to go into pre-packaged reorganisation
- Better understanding of Yellow River Protection Law
- Over 400 herbicide products get registration renewed in Nov.
- The US, largest export destination of China's glufosinate-ammonium products in Q3 2022
- Sichuan Hebang starts construction of 500kt/a PMIDA project
- Zhejiang to approve expansion of three chemical parks
- FLAGCHEM starts trial production of some lines planned in 15.5kt/a pesticide project
- Jiangsu Corechem plans to build 1kt/a flufenacet capacity
- Liaoning unveils second batch approved chemical parks
- Shanxi releases first-batch list of approved chemical parks
- Anhui Kangmu plans 12kt/a PMIDA project
- Jingzhou Sancaitang plans 52kt/a pesticide TC project
- Lier Chemical plans to build capacity for chemical intermediates
- Jiangxi releases new policy for chemical park management
- Ex-works prices of key herbicide raw materials in China, 8 Nov., 2022
- Ex-works prices of main herbicides in China, 8 Nov., 2022
- Shanghai port prices of main herbicides in China, 8 Nov., 2022
- FOB Shanghai prices of main herbicides in China, 8 Nov., 2022


