At present, the glyphosate market is experiencing an increase in operating rates and a low season for market sales, and there is a possibility that prices may continue to decline.
As of the time of writing on June 20th, the mainstream quotation for glyphosate in China has been reduced to 17500 to 18000 yuan/ton, with mainstream transactions lowered to 17100 yuan/ton, and port FOB prices ranging from 2600 to 2650 US dollars/ton. The quoted price for 200 liters of 41% glyphosate isopropylammonium salt solution is 9500-9800 yuan/liter, and the actual transaction price is 9100-9200 yuan/thousand liter. The FOB price at the port is 1300-1350 US dollars/thousand liter; 200 liters of 62% glyphosate water solution were sold at a price of 11000 yuan/ton, with FOB prices ranging from 1550 to 1600 US dollars/ton at the port. The mainstream price for 25 kg of 75.7% granules ranges from 16500 to 17000 yuan/ton.
As the end of the month approaches, judging from the factory's operating situation, the production in June is expected to reach a new high in the first half of 2016. Based on the order situation, there were few orders in July. Analyze the reasons why suppliers are operating at full capacity, based on the following two aspects:
Firstly, as a listed company with glyphosate as its main business, the torsion height is 22px; color: rgb(51, 51, 51); font-size: 14px; text-indent: 2em; Firstly, as a listed company with glyphosate as its main business, it is almost impossible to reverse the situation of losses in the second quarter. Therefore, it is necessary to put all the losses into the second quarter and have a good start in the third quarter financial statements;
Secondly, based on the current raw material prices, they are still at market lows and the cost of raw materials is relatively low. However, considering that July is still in the off-season of market sales, it cannot be ruled out that prices may continue to decline.
The market of Atrazine is steadily responding to the off-season
The mainstream price in the 95% raw powder market ranges from 18000 to 19000 yuan/ton. The actual transaction reached 17000-19000 yuan/ton. From the current market perspective, entering the off-season, trading is weak. On the one hand, there is no demand support in the demand market; On the other hand, the factory maintains some old customer orders, and some factories have maintenance plans at the end of the month. Market analysis: Supply and demand are weakening, prices are stabilizing in the short term, and there is limited room for adjustment. In the later stage, the market supply will decline in order to reduce production and maintain prices.
The trend of price reduction in the glyphosate market has had little effect
The delivery price of 95% glyphosate raw powder at Shanghai Port has reached 119000 yuan/ton. Although the Dragon Boat Festival holiday has just ended and there have been reports of price reductions in the market, the stimulation for market trading is limited, and the effect of price reductions is minimal. On the one hand, during the off-season of demand and price decline, there is more of a wait-and-see attitude in the procurement market; On the other hand, the continuous decline in prices has put pressure on some existing suppliers or planned entrants in the market to a certain extent, but the cooling effect is not obvious at present. At present, the market is in a low season of demand, with limited trading volume and weak trading in the short term.
The market for paraquat is sluggish, and producers are calmly facing the "big limit"
At present, China's agricultural product industry is still relatively sluggish, seriously restricting terminal demand. At the same time, floods in the south and droughts in the north also restrict the digestion of dealer inventory. The export markets in South America and Southeast Asia have not seen a glimmer of hope, and the herbicide market will continue to follow the trend of "reducing production capacity and reducing inventory" in the later stage. Seasonal varieties will enter the off-season consolidation stage as the production season ends, and the herbicide market is nearing its end. Some varieties have little demand for replenishment, such as glyphosate raw material, and manufacturers are gradually stopping production.