The price of chlorantraniliprole technical has fluctuated due to the impact of an accident

08/05/2025 09:24:13

On May 27th, an explosion accident occurred in a workshop of Shandong Gaomi Youdao Chemical Co., Ltd. Youdao Chemical is the world's largest producer of chlorfenapyr technical with the most comprehensive industrial chain, with a production capacity of 11,000 tons per year, accounting for about 60% of the total actual domestic production.
The accident has had a significant impact on the market for chlorantraniliprole technical. After the accident, the price of chlorantraniliprole technical rapidly increased, rising from 230,000 yuan/ton before the accident to 250,000 yuan/ton. Some analysts believe that the explosion at Youdao Chemical may lead to a production halt of at least three months, and the price may further climb to 300,000 yuan/ton in the short term. However, in the long run, with a global production capacity of about 50,000 tons and an annual demand of about 10,000 tons, the production capacity is in a state of excess. Domestic enterprises such as Lier Chemical and Red Sun are expected to fill the gap in time, and supply is expected to gradually recover.