草甘膦中国月报

The ex-works price of glyphosate technical kept decreasing since September 2013 after reaching the highest, and it witnessed the lowest in December 2013, with RMB30,000/t. However, compared with December 2013, the ex-works price of glyphosate technical in Jan. 2014 has rebounded a little, with the price of about RMB31,250/t, up by about 4.17%. Referring to the situation in previous years, demand at home and abroad will not be very heavy in the first quarter of 2014. Moreover, the 15^th CAC Show (China International & Agrochemical & Crop Protection Exhibition) will be held at the Shanghai New International Expo Centre on 6-8 March 2014. Under such circumstances, will the price of glyphosate technical continues to increase in Feb. 2014?

Note: All tables and figures in this issue are calculated with the same RMB/USD exchange rate (1USD=6.13RMB).