Glyphosate prices continue to rise

           September 11, Yang agricultural 97% of the original powder Shanghai FOB raised $ 100 / ton to 3,700 US dollars / ton, the current market price of glyphosate has reached 2.6-2.7 million / ton.

           Environmental protection tightening superposition device maintenance, production fell sharply

           In August, glyphosate companies were affected by environmental inspectors, and the glyphosate companies were exempted from production in the southwest. The rate of glyphosate in the southwest fell from 68% in April to 30% in August. In terms of monthly production, July monthly yield of only 37425 tons, the chain fell about 10,000 tons in August monthly production continued to substantially reduced to 30250 tons, constantly refresh the past two years low, the overall operating rate refresh the past two years to 43% low, although The recent fourth batch of environmental protection inspection team will continue to leave the inspectorate provinces, but the operating rate is difficult to rebound in the short term, superimposed in Zhejiang, Anhui, more than a device maintenance, two-way stacking supply substantial contraction.

           Glycine constantly refresh the new high, cost-end support efforts

           North of the fall of the formal arrival, fog war started, 2 + 26 urban air pollution control follow-up will only be more strict will not Geng Song, Hebei and Shandong glycine production capacity accounted for 63%, short-term production of temporary short- Continued to decline, the price continued to rise, the current ex-factory price to the year high of 16,000 yuan / ton, compared with April rose 108%, glyphosate prices to form a strong support.

           Demand is expected to usher in recovery, glyphosate boom to speed up sailing

           On the one hand, the global growth of transgenic seeds in 2017, the growth rate of 5%, compared to 2015 a substantial increase in negative growth; on the other hand, it is understood that the current strong demand for glyphosate, South America is often the peak season in October, but this year there may be ahead of time. In addition, Southeast Asia, the African market this year, glyphosate demand is also very strong, according to the latest July export data, glyphosate monthly export volume reached 31272 tons, refresh the past seven years in July the highest record. Demand ahead of the release of superimposed domestic operating rate is low, glyphosate prices are expected to accelerate the rise.