The latest market prices of non-selective herbicide technical are currently showing a downward trend. The reason behind this decline is attributed to overseas markets primarily destocking, and the rigid demand orders that are severely suppressing prices. In addition, there is an unbalanced supply and demand situation, and the wait-and-see sentiment in the market has increased, contributing to a rapid drop in prices.
Among the technical, the production capacity of glufosinate ammonium has increased greatly, which has led to an over-supply in the market. This surplus of glufosinate ammonium has resulted in a reduction in prices as demand fails to keep up.
On the other hand, the supply side of glyphosate technical has a strong willingness to maintain market stability. Industry experts have controlled the start-up load, negotiated to maintain market prices, and attempted to digest the foreign trade market inventory that has accumulated. However, despite these initiatives, the supply and demand game continues, and the downstream sentiment remains bearish.
The supply of Glufosinate P ammonium technical manufacturers is limited. This has caused the downstream market layout to become increasingly hot, with supply becoming tighter. There is a rising demand for this product, but the limited supply has contributed to the upward movement in prices.
The cost-effectiveness of similar products of diquat technical concentration is also a game that is causing the foreign trade shipments to remain average. This situation is further compounded by the fluctuations in the foreign exchange market and other trade-related factors. The game continues to impact the supply chain, with upstream suppliers finding it challenging to match the market demand.
To summarize, the latest market prices of non-selective herbicide technical are in a downward trend as a whole. There are widespread supply and demand imbalances, with various factors such as production capacity, market layout, and downstream demand contributing to this trend. Despite the existing challenges, industry experts are confident that favorable measures can help to stabilize the market and promote sustainable growth in the long term.