Environmental protection is an important factor affecting the present price of glyphosate

Since 2014, glyphosate prices continued to fall, from the highest 33 thousand yuan / ton this year fell to the lowest 16 thousand and 900 yuan / ton, breakeven basic loss of the whole industry, leading enterprises. Glyphosate domestic production capacity by 2009 more than 100 tons of the highest current reduced to about 900 thousand tons, according to Societe Generale Securities and grassroots research to understand, in the normal production of more than a dozen companies at present, industry supply situation improved significantly.

The fourth quarter of this year to enter the traditional peak season since glyphosate, downstream demand has improved; and the upstream of yellow phosphorus, glycine and other raw materials prices to support the formation of product prices, glyphosate prices continue to rise.

In addition, if the subsequent second batch of central environmental inspectors assigned to the big Sichuan, Hubei Province, the production of glyphosate, or have a certain impact on the supply of glyphosate.

The price of glyphosate is expected to continue to rise, promote the enterprises to enhance profitability. During the traditional sales season, with the domestic environmental enforcement efforts continue to overweight, the main raw material supply tight, prices are expected to continue to rise, the glyphosate product spreads widened, driven enterprises greater performance flexibility.