The near future， glyphosate Is currently the world’s largest herbicides, the recent strong rebound in prices. Glyphosate herbicide with excellent performance, environmentally friendly, since the glyphosate resistant transgenic seed market, glyphosate soon became the world’s largest single pesticide agent.
| Polyglutamic acid |
In 2014 the global consumption of 720 thousand tons of glyphosate. Glyphosate prices started to rise since 2011, to the second half of 2013 to reach the highest point of 44 thousand yuan / ton, then as long as 3 years into the down cycle.
In August 2016, the price of glyphosate reached a low of 17 thousand yuan / ton, has rebounded to 22 thousand ~ 25 thousand yuan / ton.
| Polyglutamic acid PGA |
Demand side:
The downstream consumption growth steadily, the stock bottomed rebound soon. Global glyphosate downstream consumption growth is slowing, but the global transgenic crop area in the future there is still room for growth, will bring incremental demand for glyphosate.
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