Recently, the market for chemical active pharmaceutical ingredients has exhibited a relatively pronounced trend of price volatility, with various active pharmaceutical ingredients experiencing price increases or decreases to varying degrees due to factors such as changes in supply and demand.
Among them, the price of clethodim technical has seen a prominent increase. As of June 15, 2025, the quoted price of clethodim technical has surpassed the 140,000 yuan/ton mark. The main reason for this price rise lies in the dual pressures of limited supply and early release of demand. On the supply side, the tight supply of key intermediates such as propionyl triketone and chloramine has restricted the release of technical production capacity. Despite the major domestic production enterprises maintaining full-load production, it is still difficult to meet market demand. On the demand side, the domestic pesticide market entered the traditional peak season for stocking in June, and at the same time, the procurement season in the southern hemisphere arrived, leading to a surge in short-term market demand and rapid depletion of inventory. The industry predicts that the price of clethodim technical will remain high in the short term. If the relevant production-halting enterprises do not resume production, the price may fluctuate at a high level of 160,000 to 180,000 yuan/ton from July to September.
In addition, the price of chlorantraniliprole technical has also been affected by a recent incident. On May 27th, an explosion occurred in a workshop of a chemical enterprise in Gaomi, Shandong, which is the world's largest producer of chlorantraniliprole technical. Affected by this incident, the price of chlorantraniliprole technical rose to 250,000 yuan/ton on May 28th, an increase of about 10% compared to before the accident. Previously, due to capacity expansion, the price of chlorantraniliprole technical had once fallen, but since the beginning of this year, coupled with the peak demand during the spring plowing season, the price has rebounded, and this accident has further pushed the price up.
The price of paraquat technical also fluctuates. In early July, the price of 42% paraquat technical has risen to 14,000 yuan/ton, and the prices of related formulations have also been adjusted accordingly. Meanwhile, due to high volatility in the prices of basic chemical raw materials and the continuous rise in international logistics costs, the price of fluoroglycofen-ethyl (fluroxypyr) technical has been increased by 15%.
Overall, the recent market for chemical active pharmaceutical ingredients has been affected by various factors, resulting in frequent price fluctuations. Close attention should be paid to changes in factors such as raw material supply, enterprise production conditions, and market demand to predict future trends.