China's glyphosate technical ex-works price decreased moderately in mid-Oct. 2013 for the first time since mid-July 2013. According to CCM, the price decrease is caused by the increasing supply. The environmental pollution punishment against glyphosate (PMIDA) manufacturers in different glyphosate production districts is still uncertain, which together with the temptation from the high profitability of glyphosate related products, has driven more and more small and medium glyphosate manufacturers in China to resume or increase their glyphosate production. In light of the current circumstance, will the price of glyphosate keep decreasing from late Oct. 2013 to mid-Nov. 2013?
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