Glyphosate market muted with price upward

By CnAgri2013-11-20 10:50:19 Print Glyphosate market was rather muted recently, while glyphosate price continued to hike. Compared with the disorder in glyphosate crude pesticide, the change in glyphosate mother liquor was rather consistent. In October, 42% paraquat mother liquor reached 28,500 Yuan, and showed an explicit uptrend. This has been accepted by most clients in the market, many overseas clients also started to accept this expectation gradually. Meanwhile, since paraquat plants have been working at full capacity, many facilities are overused, so the plants are stepping up inspecting at the moment. As a result, paraquat supply was very insufficient, and thus paraquat price continued to go upwards.



From “China Pesticide Market Monthly Report”