Insecticides China Monthly Report(Insecticides China Monthly Report 202508)

Market analysis: The ex-works prices of key raw materials for insecticides fluctuated, with bromine and liquid ammonia experiencing relatively large price changes in Aug. The market prices of insecticides generally remained stable, with slight increases in the prices of some products.

Enterprise dynamics: Jiangsu Changqing's revenue increased by 7.28% YoY, and net profit increased by 117.75% YoY in H1 2025; Limin Group's revenue increased by 6.69% YoY, and net profit soared by 747.13% YoY in H1 2025.

Policy: The National Agro-Tech Extension and Service Centre (NATESC) issued a circular on Strengthening Prevention and Control of Major Pests and Diseases in Autumn Grain Crops On 1 Aug.; On 11 Aug., multiple departments in Hubei Province jointly issued the Hubei Province Catalogue of Policies for Prohibiting, Restricting (Controlling), Eliminating, and Encouraging the Use of Hazardous Chemicals (2025 Edition), aiming to promote the chemical and pesticide industries towards green, low-toxicity, and high-efficiency development.

Trade analysis: According to the export data obtained from Chinese customs, from Jan. to July 2025, China's export volume of insecticide formulations reached 317,398.08 tons, a YOY increase of 33.53%; the export value rose by 20.69% YOY, while the average export price fell by 9.62% YOY.

Pests: It is estimated that the occurrence area of crop diseases and pests in Guangdong Province will be about 8 million hectares in H2 2025; It is anticipated that by 2025, the occurrence of pests and diseases in corn during the mid-to-late stages will be moderate to severe, with the affected area reaching 58.67 million hectares.

The USD/CNY exchange rate used is USD1.00=CNY7.1496, sourced from the People's Bank of China on 1 Aug., 2025.