Will the price of glyphosate be adjusted in 2022 (the price trend of glyphosate will be adjusted again)

Glyphosate is a common herbicide, and the price of glyphosate will rise in 2022. Mainly because glyphosate is a pesticide, its main raw materials are all from chemical products, and crude oil is the initial raw material. As the price of its raw materials rises, the price of glyphosate will still rise, and there is no possibility of price adjustment in the short term.

Glyphosate rose from 24,750 yuan/ton at the end of September 2020 to 80,000 yuan/ton at the end of 202/kloc-0, an increase of more than 2 times. Among them, the price per ton in the fourth quarter of 2002/kloc-0 exceeded 1 10,000 yuan, and the market price reached a new high in nearly ten years at the end of the year. So, what is the price of glyphosate in 2022?

Will glyphosate increase in price in 2022?

There is a high probability that the price of glyphosate will rise in 2022. The price of glyphosate has been rising for several months, and it is unlikely that the price will fall in the short term!

In 2022, with the gradual easing of the epidemic, countries began to resume production, so the demand for agricultural products will increase, which will also lead to price increases. ____

It is understood that glyphosate is currently in the traditional peak season. In addition, affected by the epidemic situation, overseas stocking awareness is strong and stocks are increased.

At present, the global glyphosate production capacity is about 165438+ 10,000 tons, of which about 700,000 tons are all concentrated in Chinese mainland, and the overseas production capacity is mainly concentrated in Bayer, about 300,000 tons.

Trend of glyphosate market price change (Figure)

Market trend of glyphosate in 2022

Although the current policy of limiting electricity and production has been relaxed, the growth rate of glyphosate overall capacity is slower than market expectations, and the corresponding market supply has also failed to meet expectations.

In addition, traders intend to go to stock, resulting in the total inventory is still at the bottom. In addition, the high level of raw materials such as glycine at the cost end also supports the price of glyphosate.

In the face of glyphosate, the industry predicts that the whole cycle may take one year, because the downstream (traders) need to continue to sell goods, that is, to stock up and restock, in view of the current low glyphosate inventory. At the same time, in terms of supply, glyphosate belongs to the' two high' products, and it is almost impossible for the industry to expand production in the future.

Under the background of favorable policies for genetically modified crops in China, it is estimated that once China releases the cultivation of genetically modified crops such as corn, the demand for glyphosate will increase by at least 80,000 tons (assuming all of them are genetically modified glyphosate products).

In the future, environmental protection supervision will continue to be stricter, and the new production capacity is limited. We are optimistic that the price of glyphosate will remain high.