草甘膦中国月报

In March 2014, price of glyphosate technical and glyphosate formulations continues the rising trend even though it increases slightly. The first batch of companies that passed the environmental protection verification was not issued yet by China's Ministry of Environmental Protection as of 24th March. Market feedback assumed that the first batch of companies is less than 10, which means environmental protection verification in 2014 will not less strict than the previous year if it is true. Presently, glyphosate keeps in great demand both at home and abroad, while glyphosate industry stays in low operation rate. Is that possible for price of glyphosate rising continually in April 2014? If so, will it achieves a two-digit growth rate?

Note: 1.All tables and figures in this issue are calculated by the same RMB/USD exchange rate (1USD=6.1224RMB). 2. Nuances in some data are mainly caused by rounding principle.