In January, the Chinese pesticide price index continued to decline. According to statistics from the China Pesticide Industry Association, the pesticide price index (CAPI) for January was 86.87, a decrease of 2.92% month on month and 35.67% year-on-year.

    The herbicide price index was 85.91, a month on month decrease of 3.18% and a year-on-year decrease of 40.75%. Among the 36 herbicide products monitored, 8 showed a month on month increase in weighted average transaction prices and 28 showed a month on month decrease; There are 2 types of weighted average transaction prices that have increased year-on-year, and 34 types that have decreased year-on-year.

    The insecticide price index was 89.01, a month on month decrease of 0.96% and a year-on-year decrease of 26.02%. Among the 34 pesticide products monitored, 12 showed a month on month increase in weighted average transaction prices, 3 remained stable, and 18 experienced a month on month decrease; There is one type of weighted average transaction price that has increased year-on-year, three types that have remained unchanged year-on-year, and 29 types that have decreased year-on-year.

    The price index of fungicides was 85.23, a month on month decrease of 5.52% and a year-on-year decrease of 26.55%. Among the 36 monitored fungicides and plant growth regulators, 7 had a month on month increase in weighted average transaction prices, 3 remained stable, and 24 had a month on month decrease; There are 2 types of weighted average transaction prices that have increased year-on-year, 2 types that have remained unchanged year-on-year, and 30 types that have decreased year-on-year.