2,4-D Survey in China 2022

2,4-D Survey in China 2022

2,4-D products, with a history of production and application exceeding 30 years in China, enjoy a stable market demand. Farmers prefer to use 2,4-D as a herbicide in wheat-, corn- and rice-growing fields or as a plant growth regulator applied on eggplant, tomato, pumpkin, watermelon, etc.

China's 2,4-D output was recorded a year-on-year decline in 2021. Since late Jan., production of 2,4-D butylate products has been banned in domestic market. In Q4, the short-term power shortage became serious in China, especially in Jiangsu Province and Zhejiang Province. Meanwhile, the market price of 2,4-D was pushed up, mainly because of the higher cost of key raw materials. However, China still maintained a quite stable supply of 2,4-D technical for markets at home and abroad basically this year.

Considering escalating geopolitical tensions of East Europe and a price hike of basic raw materials, the price of 2,4-D will rise slightly in the near future.

In this report, CCM will do 2,4-D Survey in China for 2022 from the following aspects:

• Production of 2,4-D
• Price & exports
• Consumption
• Forecast on 2,4-D industry in China