Thursday, June 6, 2013

Glyphosate Industry, 2013-2017

Glyphosate is a kind of herbicide with low toxicity, high efficiency and broad spectrum. It has been widely used for over two decades. In recent years, due to the wide spread of transgenic crops in the world, market demand for glyphosate booms and it constantly replaces other herbicides, ranking the first in global insecticide sales for many years.  During 2007 to 2008, influenced by many factors, glyphosates market price increased to 100,000 CNY/ton. As a result, many small and medium-size enterprises engaged in producing glyphosate and the production capacity was concentrated and released. Later, the price suddenly declined and many small and medium-size enterprises exited the market. However, since 2011, glyphosate market price has boomed again due to the decreasing inventory. Encouraged by large profit, many small and medium-size enterprises plan to produce glyphosate again.  China has become the largest glyphosate producer in the world with glyphosate productio

Original Post Research Report on Global and China Glyphosate Industry, 2013-2017

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