Some people may be excited for the glyphosate price uptrend and operating rate increase in Q1 2012, and they expected that there will be a great recovery in China’s glyphosate industry. However, the ceased price uptrend and eased intense supply in April 2012 indicate that it’s too abrupt to predict the market recovery of glyphosate in China. In fact, the characteristics of China’s glyphosate industry, such as overcapacity, fierce competition and poor competitiveness in global market, haven’t changed much at present. Although the increased industrial concentration level helps Chinese glyphosate manufacturers improve their bargaining power in international trade, it is still hard for Chinese glyphosate to reach a relatively high profit margin.
It's whispered that new pollutant discharge standard for China's glyphosate industry will be put forward in late June 2012. What's the influence on China's glyphosate industry? Would this new standard will sweep some manufacturers away from glyphosate business?
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