In May, prices of insecticide raw materials diverged. Key intermediates underwent a broad correction, weighed down by weakening downstream demand and easing cost support. Prices of insecticide technicals reversed course from gains to declines, with neonicotinoid products leading the downturn.
Company dynamics
- Gansu Binong publicised the EI report for its 22,000 t/a pesticide and intermediate project (Phase I revamp).
- The EI report for Guangdong Shengjie's 2,000 t/a S‑methoprene granule construction project was approved.
- Liwei Biotechnology released the EI report for its 1,500 t/a 2‑chloroacrylonitrile project.
- Rainbow released its 2025 annual report, achieving a 132.07% YoY increase in net profit.
- CAC Nantong's 2025 annual report indicated a 75.13% YoY growth in net profit.
Regarding policy, on 18 May, Heilongjiang released its 2026 implementation plan for funding the prevention and control of major crop pests and diseases. On 14 May, MARA made relevant provisions on the registration management of pesticides for export only (EX registration).
Pest and disease forecasts: In early May, Guangdong released pest alerts for summer melon, bean, solanaceous fruit vegetables and citrus. On 19 May, Guangxi published the occurrence overview of major pests and diseases in the early stage of early rice in 2026 and the forecast for the middle and late stage, projecting an overall moderate to severe occurrence level.
The USD/RMB exchange rate used is USD1.00 = RMB6.8562, sourced from the People's Bank of China on 6 May, 2026.

