10 November 2026, Beijing, CN: China’s benchmark price for glyphosate technical held flat in late October 2026 even as prices for several major fertilizer raw materials fell sharply, according to a price bulletin the National Bureau of Statistics published on November 4, 2026. The divergence points to steadier underlying demand and supply conditions for China’s leading herbicide export compared with the nutrient inputs sector over the same ten-day period.
The bulletin, titled “Market Prices of Important Means of Production in Circulation, October 21-31, 2026,” is compiled by the China Economic Monitoring and Analysis Center, an NBS unit that tracks 50 products across nine categories of industrial and agricultural inputs. The data is drawn from roughly 2,000 wholesale enterprises spread across 31 provinces, municipalities and autonomous regions, and compares prices in the final ten days of October against the middle ten days of the same month.
Glyphosate technical price unchanged
Glyphosate 95 percent technical, the concentrated form of the world’s most widely used herbicide before it is formulated into finished products, was priced at 29,035.7 yuan per tonne (approximately $4,351 per tonne at the current exchange rate of about 6.67 yuan to the dollar) for the late-October period, unchanged from mid-October. The flat reading suggests the market has found a stable footing after a run of price increases earlier in the year that NBS and industry trackers had attributed to rising raw material costs for producers.
Across the 50 products NBS tracks in the broader bulletin, 17 posted price increases, 28 recorded declines and 5 held steady in late October compared with mid-month, indicating that falling prices were more common than rising ones during the period even though glyphosate itself did not follow that broader downward pattern.
The agricultural inputs segment of the same release showed several fertilizer raw materials losing ground. Small and medium granular urea was priced at 1,749.8 yuan per tonne (about $262 per tonne), down a marginal 0.1 yuan from mid-October. The declines were steeper further up the fertilizer chain: 55 percent monoammonium phosphate fell 32.4 yuan to 3,696.4 yuan per tonne (about $554 per tonne), a drop of 0.9 percent, while 45 percent NPK compound fertilizer fell 63.5 yuan to 3,488.9 yuan per tonne (about $523 per tonne), down 1.8 percent.
The sharpest move among the inputs NBS tracked was in potash. The port price for 62 percent potassium chloride fell 119.3 yuan to 2,778.6 yuan per tonne (about $417 per tonne), a 4.1 percent decline over the ten-day window, the largest percentage drop among the agricultural input categories in the release.
Below is a summary of the agricultural input prices from the bulletin, with late-October 2026 levels, the change from mid-October, and the approximate dollar equivalent:
Product
Late-Oct 2026 price (yuan/tonne)
Change from mid-Oct
Approx. USD/tonne
Glyphosate 95% technical
29,035.7
Unchanged
~$4,351
Urea (small/medium granular)
1,749.8
-0.1 yuan (0.0%)
~$262
55% MAP phosphate
3,696.4
-32.4 yuan (-0.9%)
~$554
45% NPK compound
3,488.9
-63.5 yuan (-1.8%)
~$523
62% potash (port price)
2,778.6
-119.3 yuan (-4.1%)
~$417
NBS did not break down the glyphosate figure by region or by producer, and the bulletin does not attribute the fertilizer price declines to specific causes such as import volumes, seasonal demand or feedstock costs.
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