In the medium to long term, there is a tight supply and demand situation, and glyphosate prices continue to rise.

Since May this year, the price of glyphosate raw materials has been continuously rising. Data from Zhongnong Lihua shows that as of August 24th, domestic demand for glyphosate raw materials is just needed in stock, and export orders are being delivered in succession. The market is expecting a slight increase, with a quoted price of 27,500 yuan/ton for 95% content and 28,000 yuan/ton for 97% content, an increase of about 20% since early May. From the perspective of supply and demand, data from Baichuan Yingfu shows that as of August 24th, the weekly production of glyphosate was 8,600 tons, an increase of 18.71% from the previous week; the weekly inventory of glyphosate was 27,800 tons, a decrease of 0.07 million tons from the previous week. It is worth noting that, in the context of a significant increase in production, the inventory is still decreasing, reflecting a continued tight supply situation, with strong price support in the future.