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Glyphosate prices rise strongly
Glyphosate rose 22.50% this week, Zhejiang Xin'an Chemical latest price 24,500 yuan / ton, the current domestic raw material prices are not very stable, for the planned start of the glyphosate manufacturers, can only continue to wait and see the market. The operating rate in October was close to 50%. As the food supply in the global market is relatively tight, and food prices have been rising all the way, the enthusiasm for growing grain is expected to increase next year, which is a good result for agrochemical products. However, attention should be paid to the risk of serious overcapacity of glyphosate.