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    Home > Agriculture News > Pesticide News > The price of glyphosate has fallen, but the market outlook is still optimistic

    The price of glyphosate has fallen, but the market outlook is still optimistic

    • Last Update: 2022-03-06
    • Source: Internet
    • Author: User
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    This is different from the previous sharp rise
    .
    Last week, the domestic glyphosate technical price showed a steady downward trend
    .
    However, according to the information compiled by Xiejing Fortune.
    com, many businesses are still optimistic about the market outlook for glyphosate, which will bring huge investment opportunities to related concept stocks
    .
    The price of glyphosate will continue to rise in late March.
    The golden period of the original drug market is less than two months.
    The sharp increase in the price of the original drug has prevented downstream preparation companies from distributing goods normally, so it started in the middle of last week.
    The transaction activity of technical materials is on a downward trend.
    Due to the oversupply of glyphosate in the market, the domestic downstream market demand is showing a certain weakness.
    Because the prices of technical materials are relatively high, downstream companies are watching price increases and declines
    .
    Glyphosate was developed by Monsanto, and its apparent consumption in recent years is about 700,000 tons, making it the world's largest herbicide by sales
    .
    At present, the production process of glyphosate is mainly divided into glycine method (heavy pollution) and IDA (iminodiacetic acid) method
    .
    From the perspective of the production capacity segment, Monsanto has a production capacity of 1.
    13 million tons in the world.
    Monsanto has 250,000 tons of IDA method, the remaining 880,000 tons are in China, and the IDA method is 300,000 tons
    .
    Xiejing Fortune.
    com believes that in the future, there will be three factors in the short, medium and long terms to further improve the supply and demand pattern of glyphosate, and the product is likely to face price increases
    .
    In addition, with the further increase in the pressure of environmental protection inspections, the start-up of the original drug production enterprises in the later period is worrying, so the price of the original drug is likely to rise further
    .
    These two points will likely maintain the glyphosate boom for a long time
    .
    Glyphosate is an effective active chemical ingredient in many widely used herbicides, and its use in the European Union is strictly regulated
    .
    As the price of glyphosate in the market is optimistic, the related concept stocks on the market are also worthy of investors' attention
    .
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