Critical period for autumn grain crop control: pesticide market generally stable

According to the July monitoring by the Institute for the Control of Agrochemicals under the Ministry of Agriculture, the national pesticide market was generally stable, insecticides remained basically stable, the fungicide wholesale market tended to be active, herbicides became sluggish in both wholesale and retail, and prices of all types of pesticides continued to remain stable.

In the wholesale segment, total sales volume decreased by 3.72% year on year, among which insecticide sales were basically stable, increasing by 3.41% year on year, fungicides rose considerably, reaching 14.87%, and herbicide sales fell by 16.62%. Inventories of all types of pesticides declined, with insecticides, fungicides and herbicides decreasing by 6.84%, 10% and 14.05% year on year respectively. Wholesale prices remained generally stable, with the average price of insecticides dipping slightly by 0.12%, fungicides rising marginally by 0.12%, and herbicides holding flat compared with the previous month.

In the retail segment, sales of all types of pesticides declined, among which insecticide sales decreased by 1.67% year on year, fungicides by 7.77%, and herbicide sales fell by a relatively large margin, reaching 15.59%. In terms of prices, only a few individual products underwent price adjustments, and most unit price changes were within 0.5-1 yuan. Overall, the average price of insecticides held flat compared with the previous month, fungicides dipped slightly by 0.23%, and herbicides fell by 0.81%.