Price Monitoring of Chlorpyrifos technical in ChinaFigure 2-1 Monthly price change of Chlorpyrifos technical in China, 201...
coating agent is popular this year. At present, Chinese market lacksseed coating agents with high effect, low toxicity and...
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Price monitoring of chlorpyrifos technical

Published on: Mar 4, 2016
Published in: Business      Technology      
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Transcripts - Price monitoring of chlorpyrifos technical

  • 1. Price Monitoring of Chlorpyrifos technical in ChinaFigure 2-1 Monthly price change of Chlorpyrifos technical in China, 2011Ex-work price of chlorpyrifos TC has witnessed continuous growth in 2011. The price in Nov. reached USD6,910/t (the highest point in Jan.-Nov. 2011), up2.90% over Oct. and up 32.10% over Jan. of the same year.High production cost and supply shortage may explain the rise in market price of 95% chlorpyrifos technical before Dec. 2011Firstly, high production cost is the main factor. China strengthens the supervision and inspection of environmental protection for pesticide production this year,which has impacted the production and supply of sodium 3,5,6-Trichloropyridin-2-ol sodium (STCP), an important intermediate of chlorpyrifos. As the crude oilprice increases continuously, the market price of STCP increased to USD6,786/t at present from USD4,865/t in Oct. 2010. Besides, companies have to investmore in waste treatment.Secondly, although winter is the slack season of pesticide sales in China, many farmers buy chlorpyrifos to prevent soil pests and sanitary insect pests. LiJingwang, a dealer from Heze City, Shandong Province, said the market price of 45% chlorpyrifos EC in Aug. 2011 was just USD2.51/bottle (300ml) but rose toUSD3.15/bottle (300ml) in Nov. 2011. At the same time, the demand for the product exceeds the supply.Besides, chlorpyrifos producers develop their products into seed coating agents, which leads to the supply shortage of chlorpyrifos. Chlorpyrifos used as seed
  • 2. coating agent is popular this year. At present, Chinese market lacksseed coating agents with high effect, low toxicity and environmentally friendliness. The seedcoating agent of chlorpyrifos becomes a promising formulation. Anhui Fengle Agrochemical Co., Ltd., Shandong Huayang Technology Co., Ltd., ShandongSino-Agri United Biotechnology Co., Ltd., Shenyang Sciencreat Chemicals Co., Ltd. and chlorpyrifos producers have developed this kind of product,accounting for large market share among seed coating agents preventing soil pests. Chlorpyrifos seed coating agents developed by these companies havebeen largely popularized and applied in northern China. Thus, many producers havent left any chlorpyrifos stock since Aug. 2011.Furthermore, the increasing export volume of 95% chlorpyrifos technical also supports its price. The export volume of 95% chlorpyrifos technical began torecover in April and further increased in Sept.-Nov. 2011 with the support of recovering overseas market demand, according to CCM InternationalsChlorpyrifos Export Analysis.Last, with the issue of industrial adjustment policies, a large number of enterprises with small capacity shut down, which further reduces chlorpyrifos supply andthus the price goes up. 2www.cnchemicals.comEmail: econtact@cnchemicals.comTel: +86-20-3761 6606Fax: +86-20-3761 6968

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