Fungicides China Monthly Report

Market

In August 2026, prices of key raw materials for fungicide technicals diverged significantly, driven by geopolitical factors, shifting supply-demand balances, and cost pressures. The fungicide technical market remained in its seasonal off-season, with end-users focused on inventory digestion and limited essential replenishment, keeping trading subdued. While supply-side production cuts and maintenance narrowed the downside for prices, persistent demand weakness remains the core drag, unlikely to reverse in the near term.

Companies

In August 2026, Shandong Jingbo Agrochem made notable advances in project investment and R&D. From late July to mid-August, three listed fungicide-related companies released their H1 2026 results, showing sharp divergence in fungicide business performance.

Policy

On 29 July, MARA announced the full revocation of fluopyram registrations for anthracnose control, affecting eight products, effective 1 December. Domestically produced generic single-target products face the greatest impact, reflecting a policy shift toward more refined management. On 12 August, the Ministry issued new rules on QR code formats and generation requirements for pesticide labels.

Registrations

On 30 July, the Institute for the Control of Agrochemicals published the eighth batch of proposed pesticide registrations for 2026, including 176 fungicide products, mostly suspension concentrates, with key active ingredients including pyraclostrobin, tebuconazole, kasugamycin, and metalaxyl-M.

Disease

In August, major rice-producing regions entered the critical booting-heading stage, with severe disease pressure at the panicle phase. Sheath blight was relatively heavy in Hunan, Jiangxi, and Guangdong provinces, and moderate in Fujian Province; bacterial disease risks rose along the South China coast due to typhoon impacts, with concentrated control measures scheduled for mid-to-late August. On 27 July, the National Agricultural Technology Extension and Service Center forecast relatively severe mid-to-late season corn diseases and pests nationwide, with northern leaf blight, southern rust, ear rot, white spot, and northern anthracnose posing major threats.

Trade

According to Chinese customs data, July 2026 fungicide formulation exports totaled 23,724.28 tonnes, down 10.33% YoY, with export value falling 12.47% to USD107.10 million and average unit price declining 2.39%.

The USD/RMB exchange rate used is USD1.00 = RMB6.7898, sourced from the People's Bank of China on 3 August, 2026.