Into June, prices of most herbicides TC were quite stable, mainly because of declined downstream demand. Propped up by cost, most herbicides TC saw their prices at a high level, the prices experiencing YoY growth as well as small MoM slip.
As to company dynamics, Jiangxi Heyi plans to optimise its product structure of pesticides TC and intermediates while relocating outside the 1km range to the Yangtze River. Jiangsu Henglong and in its wholly-owned subsidiary Lianyungang Jindun, finishing rectifications, have applied for production resumption and now waits for government approval. Shandong Exceris has planned to expand its trifluralin production capacity.
As the temperature climbed fast in June, stable electricity supply is of growing importance to smooth industrial production. On 7 June, NDRC General Office and NEA Comprehensive Department jointly issued the Notice of Further Promoting Involvement of New Energy Storage in Electricity Market and in Power Dispatching. The notice further clarifies market positioning of new energy storage, calls for establishment and improvement of related market mechanism, pricing mechanism and operating mechanism, and guides the industry onto a healthy development path.
The USD/CNY exchange rate in this newsletter is USD1.00=CNY6.6651 on 1 June, 2022, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
- Production resumption in Jiangsu Henglong could be in the offing
- Jiangxi Heyi to optimise pesticide TC & intermediate product structure
- Shandong Exceris to build trifluralin TC capacity
- Jiangsu KingAgroot's novel herbicides project waits for acceptance check
- Most herbicides TC see quite stable price in June
- Overseas & substitute markets, the future for Chinese paraquat producers
- FOB Price of paraquat TK drops in June
- Price of pure pyridine keeps stable in early June
- Jiangxi Heyi to re-acquire sulfentrazone TC registration certificate
- Notice of Further Promoting Involvement of New Energy Storage in Electricity Market and in Power Dispatching released
- Zhejiang Wynca to put 3kt/a glufosinate-ammonium TC lines into production
- ISO approves common names of three herbicide AIs developed by Chinese companies
- Stakeholders in paraquat business successfully defend themselves
- Fluroxypyr TC in short supply so its price increases
- China issues new plan to boost synergy of pollution and carbon emission reduction
- Climatic anomaly to increase in China in July and Aug.
- Ningxia Gerui remains under production suspension
- ADAMA rolls out pre-emergent herbicide for soybean in Brazil
- FMC launches Boral Full against weeds in sugarcane field
- Ex-works price and output of nicosulfuron TC decline in June
- Ex-works prices of key herbicide raw materials in China, 8 June, 2022
- Ex-works prices of main herbicides in China, 8 June, 2022
- Shanghai Port prices of main herbicides in China, 8 June, 2022
- FOB Shanghai prices of main herbicides in China, 8 June, 2022


