Overview: April 2025 Market Movements
April witnessed notable price shifts in China’s insecticide raw material market. While some materials like phenol and sodium hydroxide saw price declines, others, notably bromine and 3,5,6-trichloropyridin-2-ol sodium, experienced substantial increases.
Significant Price Increases
Bromine: Supply Constraints Drive Prices Up
Bromine prices soared by 45.83% month-on-month (MoM), reaching RMB 35,000 per ton. This surge is attributed to domestic production declines and disruptions in import channels, leading to tightened supply and heightened prices .
3,5,6-Trichloropyridin-2-ol Sodium: Demand and Raw Material Costs Surge
Prices for 3,5,6-trichloropyridin-2-ol sodium increased by 26.58% MoM, hitting RMB 40,000 per ton. The rise is mainly due to escalating raw material costs and market supply tensions, which have further driven up prices .
Notable Price Decreases
Phenol: Market Oversupply Leads to Price Drop
Phenol prices declined by 6.66% MoM, settling at RMB 7,010 per ton. The decrease is primarily due to a decline in raw material prices, high market stock levels, and average demand, leading to a price drop .
Sodium Hydroxide: Slight Decline Amidst Stable Demand
Sodium hydroxide experienced a 3.32% MoM price decrease, reflecting stable demand and sufficient supply in the market.
April 2025 Ex-Works Prices of Major Insecticide Raw Materials in China
| Raw Material | Price (RMB/t) | Price (USD/t) | MoM Change (%) |
|---|---|---|---|
| Bromine | 35,000.00 | 4,876.35 | +45.83 |
| Ethylenediamine | 21,800.00 | 3,037.92 | 0.00 |
| Liquid Ammonia | 2,620.00 | 365.03 | +0.54 |
| Methanol | 2,570.00 | 358.06 | +3.42 |
| O,O-Diethylthiophosphoryl Chloride | 20,000.00 | 2,786.49 | +2.56 |
| Phenol | 7,010.00 | 976.66 | -6.66 |
| Sodium Hydroxide | 960.00 | 133.75 | -3.32 |
| 2-Chloro-5-chloromethylpyridine | 60,000.00 | 8,359.46 | 0.00 |
| 3,5,6-Trichloropyridin-2-ol Sodium | 40,000.00 | 5,572.97 | +26.58 |
| 3-Phenoxy-benzaldehyde | 69,000.00 | 9,617.39 | +1.47 |
Industry Implications
The significant price increases in key raw materials like bromine and 3,5,6-trichloropyridin-2-ol sodium are likely to impact the production costs of insecticides, potentially leading to higher prices for end products. Manufacturers may need to adjust their procurement strategies and explore alternative sources to mitigate these cost pressures.
