Soaring to 490,000 RMB/ton and 680,000 RMB/ton, how long can avermectin and emamectin benzoate continue to rise?
In 2024, the technical pesticide market remained sluggish under the combined effect of multiple factors, including oversupply, declining raw material prices, weak demand, impacts of environmental protection policies, intensified market competition, changes in the international trade environment, technological advancements, and inventory pressure. According to the technical pesticide price index of Sinon AgriChem at the end of 2024, the technical pesticide price index stood at 72.96 points by the end of 2024, a year-on-year decrease of 9.62%. Among the hundreds of tracked products, 65% saw year-on-year price declines.