October 23 Pesticide Daily: Stabilizing and Under Observation

October 26, 2026

FDD-global.com

5595

Guide

Highlights at a glance

The pesticide market is stabilizing and recovering, with increasing restocking willingness despite cautious downstream demand. Key products like glyphosate and glufosinate are leading gains amid rising raw material costs, tight supply, and geopolitical uncertainties. Geopolitical tensions in the Middle East, such as the risks in the Strait of Hormuz, also raise costs for the petrochemical industry, indirectly influencing pesticide prices. While some herbicides, insecticides, and fungicides have seen strong price rallies due to supply constraints and seasonal demand, others remain stable with limited follow-through. The market remains cautious, closely monitoring geopolitical dynamics and demand absorption capacity for sustained growth.

The pesticide market as a whole is in a stabilizing and improving posture. Although downstream mostly follows up cautiously on rigid demand, overall restocking willingness has improved, and the market is still playing out winter-storage expectations. Some varieties have recently been strongly supported by cost-increase logic, and supply contraction affected by various factors has produced strong short-term rallies; however, due to value-chain transmission issues, expectations of downstream negative feedback from price increases also exist, and the market is temporarily watching whether terminal demand can further absorb the increases. Internationally, the Middle East geopolitical situation remains volatile; although the US president said he would not strike Iran before the midterm elections, he added that a strike cannot be ruled out if the situation changes, compounded by the continuing conflict between the Houthi forces and Saudi Arabia, so geopolitical risk remains elevated. In reality, the path to peace talks between the two sides is tortuous, and the navigation risks at the two chokepoints of the Strait of Hormuz and the Bab-el-Mandeb remain high; high freight rates mean petrochemical industry cost support still cannot collapse rapidly in the short term, and cost-end premiums for some varieties remain elevated; however, with no new drivers for the time being, there are some signs of a geopolitical peak exerting sentiment suppression. Overall, cautious sentiment persists in the current market; some products have risen markedly, but other categories are temporarily struggling to follow through, the divergence in market performance is evident, and the wait-and-see atmosphere continues to show; going forward, attention should be paid to changes in geopolitical sentiment, export strength, and seasonal demand.

Domestic Glyphosate Mainstream Market Prices:

Region	Enterprise	Oct 22, 2026	Oct 23, 2026	Change
East China	Jiangsu Yangnong (97% TC)	30000	30000	0
East China	Guangxin Agrochemical (95% TC)	-	-	0
East China	Zhejiang Wynca (95% TC)	29000	29000	0
East China	Nantong Jiangshan (95% TC)	29500	29500	0
Central China	Henan Hongdongfang (95% TC)	29500	29500	0
Central China	Xingfa Chemical (95% TC)	29000	29000	0
Southwest China	Sichuan Fuhua (95% TC)	30000	30000	0
Southwest China	Sichuan Hebang (97% TC)	30000	30000	0

Domestic Glufosinate Mainstream Market Prices:

Region	Enterprise	Oct 22, 2026	Oct 23, 2026	Change
East China	Binnong Technology	-	-	0
East China	Yongnong Biosciences	-	-	0
East China	Jiangsu Qizhou	70000	70000	0
East China	Jiangsu Huifeng	-	-	0
East China	Tiansheng Chemical	70000	70000	0
North China	Hebei Weiyuan	70000	70000	0
Southwest China	Lier Chemical	-	-	0

Domestic Yellow Phosphorus Mainstream Market Prices

Region	Market	Oct 22, 2026	Oct 23, 2026	Change
Southwest China	Sichuan	27500	27500	0
Southwest China	Guizhou	27700	27700	0
Southwest China	Yunnan	27600	27600	0
North China	Shandong	28700	28700	0
North China	Jiangsu	28700	28700	0
Central China	Hubei	28300	28300	0

Market Analysis

Herbicides: The current herbicide market as a whole shows a stabilizing and recovering trend; the major products glufosinate and glyphosate are both leading the rally driven by the supply side due to rising raw-material prices. Although the geopolitical issue sees fluctuating news, the cost-increase problem it brings is still hard to resolve quickly, but on the demand-absorption side the market is still watching for further drivers. Recently, core categories have been affected by tight production of raw-material intermediates and price increases as well as international political issues; the market is mostly concerned about deal conditions and sustainability, and substitution-following rallies have already appeared. Overall, self-strengthening conditions persist, but downstream mostly maintains rigid-demand uptake, demand-side follow-through is relatively cautious, yet seasonal momentum is still anticipated.

Yellow phosphorus: Today the yellow phosphorus market price is temporarily stable; an overall cautious mindset persists and the market is mainly waiting and watching. Currently, upstream self-price-supporting conditions persist, and tight supply in some regions remains; the room for deep declines is inherently limited, providing support to price and sentiment. However, downstream mostly maintains appropriate rigid-demand follow-up; in the short term the market's phased restocking demand is repairing, and the market is temporarily holding steady while watching the sustainability of demand follow-through.

Pesticide Market Price Overview

Herbicides:

95% glyphosate, up 500 yuan to 28,500 yuan/t. 95% glufosinate, up 10,000 yuan to 70,000 yuan/t. 92% acetochlor, up 1,000 yuan to 21,000 yuan/t. 92% butachlor, up 1,000 yuan to 20,000 yuan/t. 97% trifluralin, up 3,000 yuan to 36,000 yuan/t.

Product	Content·Formulation	Oct 3-9 Price (yuan/t, kL)	Oct 10-16 Price (yuan/t, kL)	Remarks
Glyphosate	95% TC	28,000	28,500	Price up, supply tight
2,4-D	98% TC	13,500	13,500	Price stable, supply stable
Diquat	40% mother liquor	17,000	17,000	Price stable, supply stable
Oxyfluorfen	96% TC	136,000	136,000	Price stable, supply stable
Glufosinate	95% TC	60,000	70,000	Price up, supply tight
Quizalofop-P-ethyl	96% TC	135,000	135,000	Price stable, supply stable
Nicosulfuron	95% TC	150,000	150,000	Price stable, supply stable
Atrazine	97% TC	20,500	20,500	Price stable, supply stable
Simazine	97% TC	26,000	26,000	Price stable, supply stable
Clethodim	90% TC	72,000	72,000	Price stable, supply stable
Fluazifop-butyl	97% TC	102,000	102,000	Price stable, supply stable
Clodinafop-propargyl	96% TC	160,000	160,000	Price stable, supply stable
Fluroxypyr	97% TC	70,000	70,000	Price stable, supply stable
Bispyribac-sodium	96% TC	200,000	200,000	Price stable, supply stable
Mesotrione	97% TC	82,000	82,000	Price stable, supply stable
Pretilachlor	95% TC	31,000	31,000	Price stable, supply stable
Metolachlor	96% TC	24,000	24,000	Price stable, supply stable
Fenoxaprop-P-ethyl	95% TC	145,000	145,000	Price stable, supply stable
Haloxyfop-P-methyl	97% TC	112,000	112,000	Price stable, supply stable
Bentazone	95% TC	73,000	73,000	Price stable, supply stable
Acetochlor	92% TC	20,000	21,000	Price up, supply tight
Butachlor	92% TC	19,000	20,000	Price up, supply tight
Quinclorac	95% TC	150,000	150,000	Price stable, supply stable
Quinclorac	85% TC	102,000 (a.i. basis)	102,000 (a.i. basis)	Price stable, supply tight
Trifluralin	97% TC	33,000	36,000	Price up, supply tight
Fomesafen	96% TC	108,000	108,000	Price stable, supply stable
Diuron	97% TC	35,000	35,000	Price stable, supply stable
Tembotrione	98% TC	210,000	210,000	Price stable, supply stable
Bensulfuron-methyl	96% TC	148,000	148,000	Price stable, supply tight
Oxadiazon	95% TC	150,000	150,000	Price stable, supply stable
Pendimethalin	96% TC	41,500	41,500	Price stable, supply stable

Insecticides:

97% imidacloprid, up 6,000 yuan to 78,000 yuan/t. 97% acetamiprid, up 3,000 yuan to 65,000 yuan/t. 97% clothianidin, up 3,000 yuan to 71,000 yuan/t. 97% chlorfenapyr, down 4,000 yuan to 112,000 yuan/t.

Product	Content·Formulation	Oct 3-9 Price (yuan/t, kL)	Oct 10-16 Price (yuan/t, kL)	Remarks
Lambda-cyhalothrin	96% TC	108,000	108,000	Price stable, supply stable
Bifenthrin	96% TC	128,000	128,000	Price stable, supply stable
Imidacloprid	97% TC	72,000	78,000	Price up, supply tight
Acetamiprid	97% TC	62,000	65,000	Price up, supply tight
Thiamethoxam	96% TC	56,000	56,000	Price stable, supply tight
Clothianidin	97% TC	68,000	71,000	Price up, supply tight
Nitenpyram	97% TC	120,000	120,000	Price stable, supply stable
Pymetrozine	97% TC	96,000	96,000	Price stable, supply stable
Fipronil	95% TC	330,000	330,000	Price stable, supply stable
Chlorfenapyr	97% TC	116,000	112,000	Price down, supply stable
Abamectin	95% TC	350,000	350,000	Price stable, supply stable
Emamectin benzoate	70% TC	530,000	530,000	Price stable, supply stable
Spirodiclofen	97% TC	125,000	125,000	Price stable, supply stable
Etoxazole	96% TC	140,000	140,000	Price stable, supply stable
Pyridaben	96% TC	120,000	120,000	Price stable, supply stable
Phoxim	95% TC	31,000 (a.i. price)	31,000 (a.i. price)	Price stable, supply stable
Profenofos	94% TC	48,000	48,000	Price stable, supply stable
Chlorpyrifos	97% TC	38,000	38,000	Price stable, supply tight
Acephate	97% TC	37,000	37,000	Price stable, supply stable
Acephate	98% TC	38,000	38,000	Price stable, supply stable
Malathion	95% TC	30,000	30,000	Price stable, supply stable
Shamingdan	98% TC	80,000	80,000	Price stable, supply stable
Shachongdan	95% TC	25,000	25,000	Price stable, supply stable
Indoxacarb	95% TC (9:1)	385,000	385,000	Price stable, supply stable
Propargite	90% TC	56,000	56,000	Price stable, supply stable
Teflubenzuron	98% TC	370,000	370,000	Price stable, supply stable
Carbosulfan	92% TC	98,000	98,000	Price stable, supply tight
Lufenuron	97% TC	112,000	112,000	Price stable, supply stable
Buprofezin	97% TC	58,000	58,000	Price stable, supply stable
Metaldehyde	99% TC	33,000	33,000	Price stable, supply stable
Pyriproxyfen	97% TC	102,000	102,000	Price stable, supply tight
Dinotefuran	97% TC	125,000	125,000	Price stable, supply tight
Chlorantraniliprole	96% TC	265,000	265,000	Price stable, supply tight

Fungicides:

95% propiconazole, up 2,000 yuan to 71,000 yuan/t. 97% iprodione, up 3,000 yuan to 193,000 yuan/t.

Product	Content·Formulation	Oct 3-9 Price (yuan/t, kL)	Oct 10-16 Price (yuan/t, kL)	Remarks
Difenoconazole	96% TC	78,000	78,000	Price stable, supply stable
Propiconazole	95% TC	69,000	71,000	Price up, supply tight
Cyproconazole	95% TC	152,000	152,000	Price stable, supply stable
Tebuconazole	97% TC	49,000	49,000	Price stable, supply stable
Tricyclazole	95% TC	61,000	61,000	Price stable, supply stable
Hexaconazole	96% TC	86,000	86,000	Price stable, supply stable
Triadimefon	95% TC	56,000	56,000	Price stable, supply tight
Epoxiconazole	95% TC	230,000	230,000	Price stable, supply stable
Flusilazole	95% TC	290,000	290,000	Price stable, supply stable
Paclobutrazol	90% TC	63,000 (a.i. basis)	63,000 (a.i. basis)	Price stable, supply tight
Paclobutrazol	95% TC	65,000	65,000	Price stable, supply tight
Prochloraz	96% TC	48,000	48,000	Price stable, supply stable
Azoxystrobin	98% TC	116,000	116,000	Price stable, supply stable
Pyraclostrobin	97% TC	120,000	120,000	Price stable, supply stable
Kresoxim-methyl	96% TC	175,000	175,000	Price stable, supply stable
Dimethomorph	98% TC	58,000	58,000	Price stable, supply tight
Thiophanate-methyl	97% TC	31,000	31,000	Price stable, supply stable
Carbendazim	97% TC	35,000	35,000	Price stable, supply stable
Iprodione	97% TC	190,000	193,000	Price up, supply tight
Thifluzamide	96% TC	230,000	230,000	Price stable, supply stable
Pyrimethanil	97% TC	72,000	72,000	Price stable, supply stable
Thiram	97% TC	17,500	17,500	Price stable, supply tight
Metalaxyl	98% TC	98,000	98,000	Price stable, supply stable
Picoxystrobin	97% TC	230,000	230,000	Price stable, supply stable
Trifloxystrobin	97% TC	170,000	170,000	Price stable, supply stable
Boscalid	98% TC	250,000	250,000	Price stable, supply stable
Fludioxonil	98% TC	485,000	485,000	Price stable, supply stable