Crop Protection China Monthly Report

Pesticide price is the most direct sign for pesticide market, and largely decides the production situation and operational status of China pesticide enterprises. In 2013, China pesticide industry experienced a booming market, which is even better than that of 2008, and the annual average of CAPI achieved 104.87. It rose gradually from January to October and reached its highest of 111.72 in October, with an increase of nearly 12% over than that in February; however, it began to fall after Dec.

Entering into 2014, factors, such as environmental protection pressure, demand situation and climate change are affecting pesticides prices. According to the pesticide price index in H1 2014, the pesticide price experienced rising first and then falling back. According to the average price index, the pesticide market was still hot in H1 2014.

Herbicide price index still determines the whole pesticide price index. Specifically, the average price of herbicides in H1 2014 was slightly higher than that in H1 2013, the herbicide price index in Q1 2014 was higher than that in Q1 2013; after Q2 2014, the price of insecticides in China showed a downtrend in H1 2014; the fungicide price index in H1 2014 was relatively lower than that of H1 2013, and resulted in serious overcapacity in China, it dropped to the bottom in March 2014 and then rebounded in Q2 2014.

On the whole, the pesticide market situation is not stable and affected by various factors: the environmental protection pressure will be larger, and this will be a supportive factor for pesticide price; the global demand of herbicides and fungicides will be in an uptrend, while that of insecticides may suffer decreasing in the future; according to the National Agro-Tech Extension and Service Center (NATESC), the occurrence degree of major diseases and insect pests in China will be higher in H2 2014, which will be good for pesticide market; however, serious oversupply in pesticide industry will be a big problem dragging the whole pesticide market.

Besides, affected by the adjustment of pesticide products structure and off-patent of foreign pesticides, some new and hot pesticide varieties have emerged in Chinese market, and got much attention in recent years. 

Pesticide price is the most direct sign for pesticide market, and largely decides the production situation and operational status of China pesticide enterprises. In 2013, China pesticide industry experienced a booming market, which is even better than that of 2008, and the annual average of CAPI achieved 104.87. It rose gradually from January to October and reached its highest of 111.72 in October, with an increase of nearly 12% over than that in February; however, it began to fall after Dec.

Entering into 2014, factors, such as environmental protection pressure, demand situation and climate change are affecting pesticides prices. According to the pesticide price index in H1 2014, the pesticide price experienced rising first and then falling back. According to the average price index, the pesticide market was still hot in H1 2014.

Herbicide price index still determines the whole pesticide price index. Specifically, the average price of herbicides in H1 2014 was slightly higher than that in H1 2013, the herbicide price index in Q1 2014 was higher than that in Q1 2013; after Q2 2014, the price of insecticides in China showed a downtrend in H1 2014; the fungicide price index in H1 2014 was relatively lower than that of H1 2013, and resulted in serious overcapacity in China, it dropped to the bottom in March 2014 and then rebounded in Q2 2014.

On the whole, the pesticide market situation is not stable and affected by various factors: the environmental protection pressure will be larger, and this will be a supportive factor for pesticide price; the global demand of herbicides and fungicides will be in an uptrend, while that of insecticides may suffer decreasing in the future; according to the National Agro-Tech Extension and Service Center (NATESC), the occurrence degree of major diseases and insect pests in China will be higher in H2 2014, which will be good for pesticide market; however, serious oversupply in pesticide industry will be a big problem dragging the whole pesticide market.

Besides, affected by the adjustment of pesticide products structure and off-patent of foreign pesticides, some new and hot pesticide varieties have emerged in Chinese market, and got much attention in recent years.