# Herbicides: Trading

How Indian makers price exports against Chinese offers

Source page: https://www.materialinsights.org/chemicals/herbicides/trading/

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 Insights](https://chinaagrochemicalinsight.substack.com/)freemium Substack · David Li (AG Alliance)

Chinese technical supply, prices and policy
[CCM agrochemical news](https://www.cnchemicals.com/news/brief-analysis-of-china-s-glufosinate-ammonium-export-and-market-in-2025_276543)freemium research site · CCM (cnchemicals)

China agrochemical prices and exports
[AgriMarketing](https://www.agrimarketing.com/s/153063)free newsletter · AgriMarketing magazine

crop protection market and company news
[The Western Producer](https://www.producer.com/news/when-will-glyphosate-prices-fall/)freemium newsletter · Glacier FarmMedia

farm input prices in North America

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/herbicides/index.md)
- [Overview](https://www.materialinsights.org/chemicals/herbicides/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/herbicides/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/herbicides/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/herbicides/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/herbicides/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/herbicides/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/herbicides/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/herbicides/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/herbicides/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/herbicides/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/herbicides/links/index.md)