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Glyphosate price declined by $150 last month
Source:China Crop Protection Industry Association  author: Cong Lv
  date: 2014-05-28  

According to CCPIA monthly bulletin of statistics of China pesticides, in April, VWAP of glyphosate TC declined by $150 than that of March. Meanwhile output of glyphosate TC also declined by 8.9% and sales volume went down by 5.5% MoM. Seen from market demand situation, a major importer of China glyphosate products, South America, reduced its import volume of glyphosate because of the dry weather condition and storage purchase by the end of last year. Hence demand of glyphosate in China didnt meet expectations. 

Approved list of glyphosate producers hasnt been announced till now. It also made some difference to domestic market.

According to CAPI (China Agrochemical Price Index), the index of April fell down slightly than that of March, mostly driven by the glyphosate market tendency.