According to CCPIA Monthly Bulletin of Statistics of China Pesticides, during the first half of Feb 2014, many pesticide manufacturers intended to reduce their production because of the Spring Festival, hence output of glyphosate TC declined by 11.0% month-on-month and 12.4% year-on-year. Meanwhile, sales volume fell down by 18.3% month-on-month and 17.5% year-on-year. However, consider the market demand has been expanding for the past few months, VWAP of glyphosate TC kept on increasing, up by 2.0% than that of Jan 2014.

Now its the end of Mar 2014, the list of qualified environmental protection glyphosate manufacturers has not come out yet. While according to some insiders, the list will be announced soon. And the market will keep on flourishing in the next few months.