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According to data tracked by Baichuan, the price of glyphosate rose sharply on July 24.
The price of glyphosate in South China, Central China, and Southwest China rose from 19,700 yuan/ton on July 23 to 21,200 yuan/ton, an increase of 7.
61 %; The price of glyphosate in East China rose from 20,000 yuan/ton on July 23 to 21,500 yuan/ton, an increase of 7.
5%
.
Environmental protection is under high pressure and raw material prices are high, and the price of glyphosate is strongly supported
.
In the first half of this year, glyphosate went out of the downward market.
It dropped from a high of 25,500 yuan/ton at the beginning of the year to 19,500 yuan/ton at the end of June, a drop of 23.
53%.
The average cost of glyphosate in the first half of the year was 20,000 yuan/ton, year-on-year Increased by 8.
10%
.
In the long run, the supply and demand of glyphosate are now basically in a tight balance.
In the future, the demand side will maintain a steady and slight growth trend.
The supply side is expected to continue to shrink, and the prices of downstream agricultural products have steadily rebounded this year.
The industry will usher in a trend of bottoming out as a whole, and glyphosate, as the most in demand pesticide variety, will definitely benefit from it
.
The price of glyphosate in South China, Central China, and Southwest China rose from 19,700 yuan/ton on July 23 to 21,200 yuan/ton, an increase of 7.
61 %; The price of glyphosate in East China rose from 20,000 yuan/ton on July 23 to 21,500 yuan/ton, an increase of 7.
5%
.
Environmental protection is under high pressure and raw material prices are high, and the price of glyphosate is strongly supported
.
In the first half of this year, glyphosate went out of the downward market.
It dropped from a high of 25,500 yuan/ton at the beginning of the year to 19,500 yuan/ton at the end of June, a drop of 23.
53%.
The average cost of glyphosate in the first half of the year was 20,000 yuan/ton, year-on-year Increased by 8.
10%
.
In the long run, the supply and demand of glyphosate are now basically in a tight balance.
In the future, the demand side will maintain a steady and slight growth trend.
The supply side is expected to continue to shrink, and the prices of downstream agricultural products have steadily rebounded this year.
The industry will usher in a trend of bottoming out as a whole, and glyphosate, as the most in demand pesticide variety, will definitely benefit from it
.
