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Latest price trend of glyphosate this year (latest market price trend in 2022)
There is a high probability that the price of glyphosate will rise in 2022. As can be seen from the previous data, it has increased from 24,750 yuan tons at the end of September 2020 to 80,000 yuan tons at the end of 202/kloc-0, which has more than tripled. Among them, the price increase per ton in 202 1 fourth quarter exceeded 1 ten thousand yuan. Moreover, relevant chemical research reports also show that glyphosate will remain prosperous in 2022.

Market trend of glyphosate in 20 18 -202 1 year

The market price of glyphosate soared from the fourth quarter of 2020, from 24,750 yuan/ton at the end of September 2020 to 80,000 yuan/ton at the end of 2002/kloc-0, an increase of more than 2 times.

Among them, the price per ton in the fourth quarter of 2002/kloc-0 exceeded 1 10,000 yuan, and the market price reached a new high in nearly ten years at the end of the year.

There are two main reasons for the surge in glyphosate prices:

First, the rise in raw material prices has led to a sharp increase in production costs, which has pushed up the price of glyphosate;

Second, the market supply and demand are unbalanced, and the overall production capacity growth is relatively slow. According to statistics, the compound annual growth rate of domestic glyphosate production capacity of 20 17-202 1.2% is only 1.2%, which leads to low market inventory.

The data shows that the current national factory inventory of glyphosate is 5070 tons, and there is no upward trend.

According to the data of Baichuan Fu Ying, the new glyphosate production capacity will be limited in the next 1-2 years. Except for Inner Mongolia Xingfa Technology Co., Ltd., which added 50,000 tons of production capacity in 2022, no other companies disclosed the new production capacity.

The research report of East Asia Qianhai Securities also indicates that glyphosate will remain prosperous in 2022. On the one hand, the new capacity of glyphosate is limited, and the supply and demand maintain a tight balance; On the other hand, the high operation of upstream raw material prices supports the glyphosate price to continue to rise.

Market trend of glyphosate in 2022

In 2022, the industry continued its sustained prosperity since 20021.With the arrival of the spring ploughing market, product prices continued to run at a high level.

The domestic price of glyphosate in East China is 64,000 yuan/ton. At present, the northern hemisphere is in the spring ploughing season, and it is expected that glyphosate will continue to be tight in 2022.

In this regard, this year's main products, including glyphosate, silicone and industrial silicon, were affected by the relationship between supply and demand, which continued the sustained prosperity since 20021,and the product prices continued to run at a high level.