The average price of glyphosate rose by nearly 7% last week, and the actual transaction price has risen to 3.95 to 45.50 thousand yuan per ton, creating a new high in the previous period. Shares of Xinan, Jiangshan, and Yangnong Chemical also rose steadily. In the news, on July 19, the domestic market for glyphosate continued to be tense and high temperatures continued. According to business news, the market appeared high-end quotations from RMB 39,000 to RMB 40,000 per ton, and low-end quotations were rare; currently, the glycine route is 95% glyphosate The original drug mainstream price 37800 ~ 38500 yuan / ton, IDA route 95% mainstream glyphosate powder price in the 5900 ~ 6200 US dollars / ton, as of July 18 glyphosate commodity index was 168.89, a record period (2011-09 -01-to-date) The historical high has increased by 7.44% in the first 90 days since April 17.
According to market feedback, the company's self-inspection of environmental protection should end on July 31. Shandong, Sichuan, Zhejiang and other places have gradually started the equipment and equipment maintenance plan. In addition, the recent Sichuan flooding has affected the production companies' transportation and production to varying degrees, and the market supply has further contracted. Tight; traders feedback, overseas South American buyers worry that domestic companies reduce supply due to environmental pressure, or start the procurement plan in advance, the increase in overseas orders in the past two weeks is obvious, the current mainstream companies are more cautious orders, still to complete the pre-orders , continue to stop reporting, SMEs have clearly stated that there is no plan for receiving orders in the near future.
On the cost side, glycine mainstream companies once again lowered the price of goods by the impact of raw materials chloroacetic acid, ** continued sluggishness, and lowering of the operating rate of glyphosate. The price adjustment range was around 300~600 yuan/ton, and the current mainstream price remained at 10600~ 10,800 yuan / ton, low-end prices in the 10200 ~ 10,500 yuan / ton; Sichuan flood caused by the stop of some of the local phosphate rock, phosphate ore continued to weaken, prices down 40 yuan / ton, resulting in glyphosate raw materials yellow phosphorus Bounced weak and continued to weaken. The price of glyphosate raw materials remains low, and corporate profits are expected to expire.
Sun Mingming, an analyst at Glyphosate, the branch of the business club, believes that the continued tightening of the environmental verification system and the start of the procurement plan for the overseas South American season have tightened the tension between the supply and demand in the market, and the market outlook for glyphosate has increased significantly.
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