In March, the Chinese pesticide price index rose. According to statistics from the China Pesticide Industry Association, the Pesticide Price Index (CAPI) for March was 79.38, up 1.61% month on month and down 6.73% year-on-year.

    In March, the prices of products such as emamectin benzoate, chlorpyrifos, cypermethrin, butachlor, acetochlor, glyphosate, carbendazim, and tebuconazole increased. Among them, some products saw a significant increase in raw material prices and supply constraints.

    This month, bulk herbicide products such as glyphosate continued to decline in transaction prices due to weak domestic demand and foreign trade competition, while the supply of ketone became tight and prices continued to rise. Acetochlor and butachlor increased by 15.87% and 18.07% respectively month on month, driving the herbicide price index to stop falling and rise; The insecticide price index increased by 1.31% month on month, with increased demand and tight supply in the markets for chlorpyrifos, methomyl, and acetamiprid. The weighted average transaction prices increased by 3.41%, 3.59%, and 6.71% month on month, respectively, driving the insecticide price index up by 1.40 percentage points; The price index of fungicides increased by 1.25% month on month, and the prices of products such as carbendazim, mancozeb, carbendazim, and tebuconazole all rose to varying degrees due to the increase in domestic and foreign trade demand.

    The herbicide price index was 75.91, up 1.95% month on month and down 9.43% year-on-year. Among the 44 herbicide products monitored, 20 showed a month on month increase in weighted average transaction prices, 1 remained unchanged, and 23 showed a month on month decrease; There are 6 types of weighted average transaction prices that have increased year-on-year and 38 types that have decreased year-on-year.

    The insecticide price index was 82.80, up 1.31% month on month and down 5.37% year-on-year. Among the 36 pesticide products monitored, 14 showed a month on month increase in weighted average transaction prices, 1 remained unchanged, and 21 showed a month on month decrease; There are 10 types of weighted average transaction prices that have increased year-on-year and 25 types that have decreased year-on-year.

    The price index of fungicides is 86.70, up 1.25% month on month and 2.61% year-on-year. Among the 31 fungicides products monitored, 13 showed a month on month increase in weighted average transaction prices, while 17 showed a month on month decrease; There are 13 cases where the weighted average transaction price increased year-on-year, 2 cases where it remained unchanged year-on-year, and 15 cases where it decreased year-on-year.