The prices of glyphosate and other raw materials have increased, while the prices of chlorfenapyr and other raw materials have decreased

Last week, the demand for pesticides in the market remained weak, and the market continued to operate in the same manner as the previous two weeks. With the end of the peak medication period, market transactions are dominated by rigid demand for sporadic restocking.

Affected by the high temperature weather, pesticide production enterprises have entered a period of centralized maintenance, coupled with sustained low terminal demand, and many production enterprises have chosen to temporarily suspend production and work.

Currently, the overall inventory of pesticide market is at a relatively low level, and market prices remain stable in a state of relative balance between supply and demand. However, there are still some products that are experiencing a downward trend in price due to oversupply and overcapacity.

Judging from the short-term market trend, the mainstream product prices in the pesticide market will continue to fluctuate horizontally. Most varieties have stable price performance with limited fluctuation space. Although some products with weak demand face downward price pressure, the high cost of upstream raw materials has formed a bottom support, and the current market supply and demand relationship is relatively stable, so the magnitude of product price decline is relatively controllable.

It is worth noting that popular pesticide varieties such as Chlorfenapyr and Chlorfenapyr, which have seen significant price increases in the early stages, have recently experienced varying degrees of price corrections; And the market prices of glyphosate, 2,4-D and other products continue to rise, and the subsequent trend may become a new indicator for the market.