In August 2026, glycine ex-works prices remained broadly stable with a slight downward bias, and are expected to continue a narrow consolidation pattern in the near term. Yellow phosphorus prices fluctuated higher, whilst the glyphosate market continued its subdued performance, with the price centre drifting slightly lower.
Project dynamics:
The EI report for Hongtai Chemical's 100,000 t/a technical (industrial) grade aminoacetic acid project and Tenglong Biotech's 5,000 t/a malathion technical, 4,000 t/a malathion EC, and 40,000 t/a glyphosate formulation project were accepted.
On 29 July, Wengfu Jiangshan's Weng'an County new materials and electronic chemicals project – 66,000 t/a yellow phosphorus with supporting pellet ore project (change) passed acceptance check.
Corporate dynamics
Bayer released its half-year financial report, with the Crop Science business emerging as the principal growth driver in H1 2026.
Hebang Biotech's 2026 half-year report showed net profit surging 634.30% YoY.
Fuhua Chemical announced its latest overseas strategy at the 2026 Brazil Andav agricultural inputs conference, setting a 15% growth target for full-year sales in the Brazilian market.
Policy and management
MARA issued Announcement No. 1049, introducing new provisions governing the QR code format and generation requirements for pesticide labels.
Guangdong Province issued the implementation measures for construction standards and recognition management of chemical industry parks in Guangdong Province.
In terms of export trade, in May 2026, China's glyphosate export volume (on a 100% active ingredient equivalent basis) declined, with Fuhua Tongda as the largest exporting company and Brazil as the largest export destination.

