From USD3380/ton at the end of June, the price of glyphosate has been rising all the way since then. As of July 26, the average price in the mainstream market was 39,000 yuan/ton, and the domestic price of 95% glyphosate rose by more than 60% in one month. During the period, the price of glyphosate once exceeded USD5450/ton.
Behind the price increase is the acceleration of overseas destocking and the recovery of domestic demand.
In the future, there will be huge demand for glyphosate in the international market, and the price is expected to continue to rise!
Post time: Aug-04-2023