Herbicides China Monthly Report

Welcome to Herbicides China Monthly Report 202607

Market analysis

In July, the prices of major raw materials for herbicides dropped across the board, weakening cost support for herbicide technical materials. Coupled with the fact that end-user demand was in the traditional off-season, herbicide TC prices mainly moved downward.

Company dynamics

• On 30 June, Monsanto Company, a Bayer subsidiary, and its affiliate Ruveon LLC filed a petition with the US Department of Commerce and the US International Trade Commission, requesting a combined anti-dumping and countervailing duty investigation into glyphosate products from China. However, on 17 July, Bayer subsidiary Ruveon withdrew its anti-dumping and countervailing duty petition against Chinese glyphosate.
• On 3 July, the main board IPO status of Lansheng Bio changed from "Accepted" to "Inquired".
• Flagchem to raise funds for herbicide capacity expansion.

Policy

On 6 July, ICAMA issued a notice to further regulate the filing and modification of pesticide label trademarks.

Registration

On 30 June, 2026, ICAMA publicised the sixth batch of pesticide products proposed for registration in 2026. The list includes 152 herbicide products, comprising one TK, 11 TCs and 140 formulations.

Trade

From January to June 2026, China's herbicide formulation exports rose 12.50% YoY by volume and 24.38% YoY by value. In June alone, export volume rose 5.49% YoY and export value 29.46% YoY.

In this monthly report, the USD/CNY exchange rate is USD1.00=RMB6.8067 (Source: The People's Bank of China, 1 July, 2026). Unless otherwise stated, all prices include VAT. Export goods are valued at FOB prices. Paraquat is subject to a 9% VAT, while diquat, glufosinate, and glyphosate are subject to a 13% VAT. According to the policy, the VAT export rebate for glufosinate was canceled, effective from 1 April, 2026.