Market analysis: In Oct., the overall price of insecticides remained stable weakly, with a slight decline in the prices of some products. Among the products with price fluctuations, acephate technical (TC) prices fell relatively noticeably, while the rest of the products were mainly weakly stable.
Enterprise dynamics: The EI report for Renzhong Bio's 400 t/a spinosad construction project was publicized; Weifang Rainbow's Q3 net profit rose 109.13% YoY, and net profit for the first three quarters climbed 160.49% YoY.
Policy: NATESC issued the Technical Guidance on Pesticide Seed Treatment and Pest and Disease Control for Wheat Autumn Sowing in 2025; MARA issued a letter soliciting opinions on seven agricultural industry standards, including the Classification and Coding of Pesticide Modes of Action.
Trade analysis: From Jan. to Sept. 2025, China's export volume of insecticide formulations reached 424,591.49 tons, a YoY increase of 31.70%; the export value rose by 19.24% YoY, while the average export price fell by 9.46% YoY.
Pests: Fujian released the forecast for the occurrence trend of rice planthoppers in late rice for the year 2025; Guangdong Province is expected to face a high potential outbreak risk of brown planthoppers in the late stage of late rice.
The USD/CNY exchange rate used is USD1.00=CNY7.1102, sourced from the People's Bank of China on 9 Oct., 2025.
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