According to CCPIA monthly bulletin of statistics of China pesticides, volume weighted average price of chlorpyrifos TC fell by 8% in July. Resulted from the high temperature, some manufacturers tended to decrease their operation rate, hence output of chlorpyrifos TC declined by 15.4% and sales volume dipped by 14.6% MoM. While seen from the quoted price tendency, VWAP of chlorpyrifos may increase in August.
As for export situation, export price and number of orders of chlorpyrifos TC both kept the same level with that of June