According to CCPIA monthly bulletin of statistics of China pesticides, market of imidacloprid TC performed not well in July. Volume weighted average price of imidacloprid TC declined by $950 per tonne, meanwhile with two less manufacturers operating, output of imidacloprid TC declined by 36.7% and sales volume dipped by 33.6% MoM. Actually since the beginning of 2014, market of imidacloprid TC has been in a depress atmosphere. Quoted price of main manufacturers kept declining and there’s no sign indicate that the future market will bottom out.

Seen from export situation, export price of imidacloprid TC declined slightly by 2% in July, while the number of export bills dipped significantly by some 30%.