
Glyphosate prices have seen a steady upward trend since March this year, with the latest market price reaching 37,500–38,000 yuan per ton. Analysts suggest that while the second half of the year may not see significant further increases, the market is expected to remain volatile, with limited short-term fluctuations in pricing.
In the first two months of the year, glyphosate prices were on a downward trajectory. For example, the average initial price of 95% glyphosate in the first quarter was around 34,416 yuan per ton, dropping to 33,516 yuan by the end of the quarter—a decrease of 2.62%. However, as the sales season began in March and April, and with environmental regulations continuing to pressure production, prices hit a bottom. By the end of April, the price of 95% glyphosate had climbed to between 37,000 and 39,000 yuan per ton, marking a 12.64% increase.
From May to June, the growth rate slowed down, but prices remained stable around 37,500–38,000 yuan per ton. This period saw a more balanced market, with suppliers and buyers adjusting to the new price levels.
Looking back at the first half of the year, two key factors contributed to the rise in glyphosate prices. On the supply side, increased environmental regulations led to restricted production and higher operational costs. Major manufacturers reported rising prices due to these constraints. On the demand side, South America and North America entered their peak buying season during the second quarter, prompting downstream buyers to stock up ahead of the busy period. This surge in demand helped sustain higher prices.
Additionally, raw materials such as paraformaldehyde, yellow phosphorus, and glycine—key components in glyphosate production—remained at low levels, improving profit margins for industry players. As a result, the overall profitability of the glyphosate sector has significantly improved, contributing to the ongoing price stability and moderate upward movement.
With market conditions showing no immediate signs of major change, stakeholders are closely monitoring the situation, expecting continued volatility but limited dramatic shifts in the near future.
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