In August 2026, China's pesticide TC market remained in a traditional off‑season lull, with overall performance weak. Downstream formulators focused on clearing earlier inventory, with limited restocking for immediate needs. While producers adjusted supply through maintenance and output cuts, the persistent weakness in demand remained the core drag. Prices across the three major categories were mostly down or flat MoM, with very few products seeing gains.
Despite the sluggish domestic season, competition in capacity expansion and registrations for star products such as glufosinate‑P and pyroxasulfone continued to intensify.
As of August, Hunan Haili became the eighth Chinese company to enter the glufosinate‑P space this year, with total industry capacity expected to surpass 100,000 t/a. Following the expiration of patent barriers, pyroxasulfone has accumulated 102 active registrations in China.
Flagchem returned to profitability in the first half, with its TC business gross margin improving 8.28 percentage points, as the company shifts from a generic‑focused to a balanced generic‑innovative strategy.
In Brazil, new pesticide registrations reached 331 as of August, with herbicides, fungicides, and insecticides leading. Top registrants included Rainbow Crop Protection and Syngenta Crop Protection, while biopesticides accounted for nearly 20% of registrations—reflecting the growing penetration of green crop protection products.

