Fungicides China Monthly Report

Fungicide technical markets consolidated with weak stability in November as key raw material prices trended higher overall, though several chemical inputs experienced significant volatility. Market sentiment remained cautious, with overall demand weakness continuing to pressure markets despite some price support from supply constraints.

Corporate

• On 29 October, Huaan Fund conducted site research at Taihe Co., with company executives discussing fungicide business operations.
• On 30 October, Limin Group reported strong Q3 results with Janary-September net profit surging 661.66% YoY to USD 55 million (RMB 390 million).
• On 31 October, Hailir launched "Fudifeng®", the industry's first prothioconazole-containing fertilizer-fungicide product, integrating crop protection with soil health management.

Policy

• On 3 November, Shandong Province implemented the Key Work List for Chemical Park Safety Management.
• On 17 November, Heilongjiang Province released draft Pesticide Business License Implementation Rules for public comment.

Product Registrations

The Institute for the Control of Agrochemicals announced 121 fungicide products for potential registration on 30 October, with key active ingredients including fludioxonil, pyraclostrobin, oligosaccharins, fluopyram and azoxystrobin.

Disease Situation

Stripe rust incidence in Ningxia autumn seedlings remained light in 2025, similar to 2022–2023 levels. The affected area reached 10,900 hectares, accounting for 46.6% of the region's winter wheat cultivation.

Initial detection in Yuanzhou District occurred on 20 October, two days later than in 2024. The mild outbreak was primarily attributed to low inoculum levels due to summer heat and drought, combined with sowing delays caused by autumn rains. The Ministry of Agriculture and Rural Affairs issued guidance on 30 October for controlling winter oilseed rape diseases at seedling stage, targeting blight, damping-off, sclerotiniose, club root and downy mildew through resistant varieties, crop rotation and seed treatments.

Trade

China exported 23,565.65 tonnes of fungicide formulations in October 2025, up 1.71% YoY, though export value declined 3.35% to USD106.66 million with average prices down 4.97%.