農薬市場の動向：価格安定とわずかな回復の兆し

November 9, 2026

FDD-global.com

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農薬市場は、上流コストの上昇と地政学的影響によって安定化とわずかな改善を見せています。グリホサートおよびグルホシネートの価格は主要な地域で安定しており、強力なコストプッシュロジックによって支えられています。一方で、黄リンの価格は供給の減少と運賃の上昇に伴い、徐々に上昇しています。中東を中心とする地政学的変化はリスクを生む一方で、エネルギー価格がピークに達し縮小し始める中で、機会も生み出しています。下流の購入者の慎重な姿勢が続いており、季節的な需要と輸出のダイナミクスが将来の市場変化を形作る重要な要因となっています。この分析は、農業化学産業全体で高いコストのさらなる吸収が予測される中で、継続する動向と期待を強調しています。

The pesticide market as a whole is in a stabilizing and improving state. Although downstream buyers are mostly following up cautiously on rigid demand, overall restocking willingness has improved somewhat, and the market is still weighing winter-storage expectations. Some products have recently been strongly supported by the cost-push logic, and various factors have contributed to a contraction in supply, producing a fairly strong rally in the short term; however, owing to transmission problems along the industrial chain, there is also an expectation that higher prices will trigger negative feedback from downstream, and the market is temporarily watching how much terminal demand can further absorb. Internationally, there are signs of de-escalation in the Middle East geopolitical situation: negotiations between the US and Iran are under way, and the market hears that both sides are inclined to make concessions, with international energy prices having staged a peak and pulled back; however, the question of a strait closure has yet to be resolved, so overall shipping risk remains elevated and absolute international energy prices remain high. In practical terms, the road to talks between the two sides is tortuous, and navigation risk through the two chokepoints — the Strait of Hormuz and the Bab-el-Mandeb — remains high. High freight rates mean the cost support for the petrochemical industry still cannot collapse quickly in the short term, and the cost-side premium for some products remains persistently high; still, absent any new driver, there are signs of a geopolitical peak forming that exert a sentiment drag. Overall, caution persists in the market at present. Some products have risen markedly, but other categories are temporarily unable to follow through, and performance is clearly divergent, with a wait-and-see atmosphere continuing to show. Going forward, watch changes in geopolitical sentiment, export intensity, and seasonal demand.

Mainstream Domestic Glyphosate Market Prices:

Region	Company	Nov 5, 2026	Nov 6, 2026	Change
East China	Jiangsu Yangnong (97% technical)	30000	30000	0
East China	Guangxin Agrochemical (95% technical)	-	-	0
East China	Zhejiang Xinan Chemical (95% technical)	29000	29000	0
East China	Nantong Jiangshan (95% technical)	29500	29500	0
Central China	Henan Hongdongfang (95% technical)	29500	29500	0
Central China	Xingfa Chemical (95% technical)	29000	29000	0
Southwest China	Sichuan Fuhua (95% technical)	30000	30000	0
Southwest China	Sichuan Hebang (97% technical)	30000	30000	0

Mainstream Domestic Glufosinate Market Prices:

Region	Company	Nov 5, 2026	Nov 6, 2026	Change
East China	Binnong Technology	-	-	0
East China	Yongnong Bio	-	-	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

Mainstream Domestic Yellow Phosphorus Market Prices

Region	Market	Nov 5, 2026	Nov 6, 2026	Change
Southwest China	Sichuan	27600	27800	200
Southwest China	Guizhou	27800	28000	200
Southwest China	Yunnan	27600	27800	200
North China	Shandong	28700	28900	200
North China	Jiangsu	28700	28900	200
Central China	Hubei	28300	28500	200

Market Analysis

Herbicides: The herbicide market as a whole is showing a stabilization and repair rally. The major products glufosinate and glyphosate have both seen supply-side-led gains as raw material prices rose. Although news on the geopolitical issue keeps shifting, the cost escalation it brings remains hard to resolve quickly, while on the demand side the market is still watching for a further driver. Recently the core categories, affected by tight production and price increases of raw material intermediates and by international political issues, have kept the market focused on concluded business and on the sustainability of the moves, and follow-on gains in substitutes have already appeared. Overall, conditions for inherent strength remain, but downstream buyers are mostly taking goods on rigid demand, and follow-through on the demand side is relatively cautious, though seasonal prospects still hold some expectation.

Yellow phosphorus: Today yellow phosphorus market prices continued to move higher. Upstream conditions for defending prices still exist, cargo remains tight in some regions, and support for both prices and sentiment persists; some producers' output curtailment and price increases have helped repair market sentiment, willingness to take cargo has improved among some downstream buyers, and the center of concluded business has shifted upward. However, downstream buyers are mostly following up on an appropriate, rigid-demand basis, upside room is temporarily limited, and the market is waiting to see whether the recovery in sentiment can stimulate a further release of the demand chain.

Pesticide Market Price Overview

Herbicides:

96% oxyfluorfen, up 9,000 yuan, to 145,000 yuan/t. 97% cyhalofop-butyl, down 2,000 yuan, to 100,000 yuan/t. 97% haloxyfop-R-methyl, down 2,000 yuan, to 106,000 yuan/t. 95% oxadiazon, down 2,000 yuan, to 148,000 yuan/t.

Name	Content/Formulation	10.17-10.23 Price (yuan/t, yuan/kl)	10.24-10.30 Price (yuan/t, yuan/kl)	Remarks
Glyphosate	95% TC	28500	28500	Stable price, stable supply
2,4-D	98% TC	13500	13500	Stable price, stable supply
Diquat	40% aqueous solution	17000	17000	Stable price, stable supply
Oxyfluorfen	96% TC	136000	145000	Price raised, tight supply
Glufosinate	95% TC	70000	70000	Stable price, tight supply
Quizalofop-P-ethyl	96% TC	135000	135000	Stable price, stable supply
Nicosulfuron	95% TC	150000	150000	Stable price, stable supply
Atrazine	97% TC	20500	20500	Stable price, stable supply
Simazine	97% TC	26000	26000	Stable price, stable supply
Clethodim	90% TC	72000	72000	Stable price, stable supply
Cyhalofop-butyl	97% TC	102000	100000	Price cut, stable supply
Clodinafop-propargyl	96% TC	160000	160000	Stable price, stable supply
Fluroxypyr	97% TC	70000	70000	Stable price, stable supply
Bispyribac-sodium	96% TC	195000	195000	Stable price, stable supply
Mesotrione	97% TC	82000	82000	Stable price, stable supply
Pretilachlor	95% TC	33000	33000	Stable price, tight supply
Metolachlor	96% TC	24000	24000	Stable price, stable supply
Fenoxaprop-P-ethyl	95% TC	145000	145000	Stable price, stable supply
Haloxyfop-R-methyl	97% TC	108000	106000	Price cut, stable supply
Bentazone	95% TC	73000	73000	Stable price, stable supply
Acetochlor	92% TC	21000	21000	Stable price, tight supply
Butachlor	92% TC	20000	20000	Stable price, tight supply
Quinclorac	95% TC	150000	150000	Stable price, stable supply
Quinclorac	85% TC	102000 (on 100% basis)	102000 (on 100% basis)	Stable price, tight supply
Trifluralin	97% TC	36000	36000	Stable price, tight supply
Fomesafen	96% TC	108000	108000	Stable price, stable supply
Diuron	97% TC	35000	35000	Stable price, stable supply
Tembotrione	98% TC	210000	210000	Stable price, stable supply
Bensulfuron-methyl	96% TC	148000	148000	Stable price, tight supply
Oxadiazon	95% TC	150000	148000	Price cut, stable supply
Pendimethalin	96% TC	41500	41500	Stable price, stable supply

Insecticides:

96% thiamethoxam, up 2,000 yuan, to 58,000 yuan/t. 95% fipronil, down 10,000 yuan, to 320,000 yuan/t.

Name	Content/Formulation	10.17-10.23 Price (yuan/t, yuan/kl)	10.24-10.30 Price (yuan/t, yuan/kl)	Remarks
Lambda-cyhalothrin	96% TC	108000	108000	Stable price, tight supply
Bifenthrin	96% TC	128000	128000	Stable price, tight supply
Imidacloprid	97% TC	78000	78000	Stable price, tight supply
Acetamiprid	97% TC	65000	65000	Stable price, tight supply
Thiamethoxam	96% TC	56000	58000	Price raised, tight supply
Clothianidin	97% TC	71000	71000	Stable price, tight supply
Nitenpyram	97% TC	120000	120000	Stable price, stable supply
Pymetrozine	97% TC	96000	96000	Stable price, stable supply
Fipronil	95% TC	330000	320000	Price cut, stable supply
Chlorfenapyr	97% TC	112000	112000	Stable price, stable supply
Abamectin technical concentrate	95% TC	350000	350000	Stable price, stable supply
Emamectin benzoate	70% TC	530000	530000	Stable price, stable supply
Spirodiclofen	97% TC	125000	125000	Stable price, stable supply
Etoxazole	96% TC	140000	140000	Stable price, stable supply
Pyridaben	96% TC	115000	115000	Stable price, stable supply
Phoxim	95% TC	31000 (on 100% basis)	31000 (on 100% basis)	Stable price, stable supply
Profenofos	94% TC	48000	48000	Stable price, stable supply
Chlorpyrifos	97% TC	38000	38000	Stable price, tight supply
Acephate	97% TC	37000	37000	Stable price, stable supply
Acephate	98% TC	38000	38000	Stable price, stable supply
Malathion	95% TC	30000	30000	Stable price, stable supply
Shamingdan	98% TC	80000	80000	Stable price, stable supply
Shachongdan	95% TC	25000	25000	Stable price, stable supply
Indoxacarb	95% TC (9:1)	370000	370000	Stable price, stable supply
Propargite	90% TC	56000	56000	Stable price, stable supply
Teflubenzuron	98% TC	370000	370000	Stable price, stable supply
Carbosulfan	92% TC	98000	98000	Stable price, stable supply
Lufenuron	97% TC	115000	115000	Stable price, tight supply
Buprofezin	97% TC	58000	58000	Stable price, stable supply
Metaldehyde	99% TC	33000	33000	Stable price, stable supply
Pyriproxyfen	97% TC	102000	102000	Stable price, stable supply
Dinotefuran	97% TC	125000	125000	Stable price, tight supply
Chlorantraniliprole	96% TC	265000	265000	Stable price, tight supply

Fungicides:

96% difenoconazole, up 2,000 yuan, to 80,000 yuan/t. 97% iprodione, up 2,000 yuan, to 195,000 yuan/t. 97% tebuconazole, down 1,000 yuan, to 48,000 yuan/t. 95% tricyclazole, down 1,000 yuan, to 60,000 yuan/t. 98% fludioxonil, down 10,000 yuan, to 475,000 yuan/t.

Name	Content/Formulation	10.17-10.23 Price (yuan/t, yuan/kl)	10.24-10.30 Price (yuan/t, yuan/kl)	Remarks
Difenoconazole	96% TC	78000	80000	Price raised, stable supply
Propiconazole	95% TC	73000	73000	Stable price, tight supply
Cyproconazole	95% TC	152000	152000	Stable price, stable supply
Tebuconazole	97% TC	49000	48000	Price cut, stable supply
Tricyclazole	95% TC	61000	60000	Price cut, stable supply
Hexaconazole	96% TC	86000	86000	Stable price, stable supply
Triadimefon	95% TC	56000	56000	Stable price, tight supply
Epoxiconazole	95% TC	230000	230000	Stable price, stable supply
Flusilazole	95% TC	290000	290000	Stable price, stable supply
Paclobutrazol	90% TC	63000 (on 100% basis)	63000 (on 100% basis)	Stable price, tight supply
Paclobutrazol	95% TC	65000	65000	Stable price, tight supply
Prochloraz	96% TC	48000	48000	Stable price, stable supply
Azoxystrobin	98% TC	116000	116000	Stable price, stable supply
Pyraclostrobin	97% TC	120000	120000	Stable price, stable supply
Kresoxim-methyl	96% TC	175000	175000	Stable price, stable supply
Dimethomorph	98% TC	58000	58000	Stable price, tight supply
Thiophanate-methyl	97% TC	31000	31000	Stable price, stable supply
Carbendazim	97% TC	35000	35000	Stable price, stable supply
Iprodione	97% TC	193000	195000	Price raised, tight supply
Thifluzamide	96% TC	245000	245000	Stable price, tight supply
Hymexazol	97% TC	74000	74000	Stable price, tight supply
Thiram	97% TC	21000	21000	Stable price, tight supply
Metalaxyl	98% TC	102000	102000	Stable price, stable supply
Picoxystrobin	97% TC	230000	230000	Stable price, stable supply
Trifloxystrobin	97% TC	170000	170000	Stable price, stable supply
Boscalid	98% TC	250000	250000	Stable price, stable supply
Fludioxonil	98% TC	485000	475000	Price cut, stable supply