Herbicides: Trading
How Indian makers price exports against Chinese offers
What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.Who buys, and where
- China (Sichuan, Hubei, Zhejiang, Jiangsu chemical parks)
- India (Gujarat, Maharashtra)
- US (Bayer integrated supply)
Who sells, and from where
- Brazil, the US, Argentina, the EU, India, Australia, Southeast Asia
Price benchmarks
| Benchmark | Publisher | Basis |
|---|---|---|
| China glyphosate 95% TC ex-works | CCM, SunSirs, Baiinfo | spot, daily or weekly |
| China glufosinate-ammonium 95% TC ex-works | CCM | spot, monthly averages |
Exchanges
| Venue | Contract | Notes |
|---|---|---|
| None | no futures | technicals trade bilaterally; formulations by distributor price lists |
Contract types
- Annual or seasonal supply contracts between Chinese or Indian technical makers and formulators
- Spot cargoes through traders
- Toll and custom manufacturing for patent holders
Traders and distributors
- Indian and Chinese trading houses; formulators such as Nufarm, Albaugh, Sharda and Rotam source technicals globally (indicative)
How Indian buyers price it
- Indian technical makers price exports in dollars against Chinese offers
- Domestic formulators set seasonal maximum retail prices (MRP) per pack
- Import parity from China plus 10% basic customs duty on technicals (indicative)
Recent price points
| Date | Price | Basis | Source |
|---|---|---|---|
| early 2021 | under RMB 28,000/t | China glyphosate technical | Bichos de Campo (Nov 2021) |
| Oct 2021 | over RMB 80,000/t | China glyphosate technical | Bichos de Campo (Nov 2021) |
| Sep 2021 | about $8/kg rising to over $10/kg | China glyphosate EXW | China Agrochemical Insights (Jul 2022) |
| Sep 2025 | $6,472/t | China glufosinate 95% TC ex-works | CCM (2025) |
Good sources to follow
China Agrochemical Insightsfreemium Substack · David Li (AG Alliance)Chinese technical supply, prices and policy
CCM agrochemical newsfreemium research site · CCM (cnchemicals)China agrochemical prices and exports
AgriMarketingfree newsletter · AgriMarketing magazinecrop protection market and company news
The Western Producerfreemium newsletter · Glacier FarmMediafarm input prices in North America