Market update (December 12, 2013)
This week glyphosate end it’s decline at around ￥29500.00/MT and bounce up to around￥31500.00/MT，this is dued to the domestic manufacturers are preparing the stock for the 2014.but this does not rule out short-term speculation.
Excess capacity :32 manufacturers of technical and formulators over 600 ,disorder competition hurt the profit margins,so some manufacturers shut down some facilities.
Short supply of intermediates like MEA.
These together push the acetochlor price to a new stage.
Short supply of intermediate p-chlorophenol push the price to a higher level.
Imidacloprid & Acetamiprid
The prices return to levels consistent with current demand conditions.On the other hand,the thiamethoxam have became a generic product and can be well competent with imidacloprid in some ways.