Analysis of the market：

• Exchange rate between USD and RMB :

RMB value is a little weaker than last week; It is expected that the Federal Reserve System will raise interest rates before June, so the exchange rate will be better.

• The price of Azoxystrobin slumped below the production cost. We can provide purchasing advice and price protection for VIP customers.

How about your side now ?

• Supply side :

a.The supplying of Glyphosate, glufosinate ammonium and Paraquat, are stable, because of week demand, their prices are still going down now.

b.Some TC of Insecticide are going down.

• Environmental protection:

None

• Emergency:

None

• The products which we have advantages:

Paraquat, Glyphosate, Glufosinate ammonium, 24D, Clethodim, Pretilachlor

Dinotefuron, Abamectin, Emamectin Benzoate, Chlorfenapyr ,Fipronil

Azoxystrobin,Prothioconazole, Pyraclostrobin ,Tebuconazole,Thiamethoxam,Lambda-cyhalothrin

Market trend

• For most products, there are downward trends.

• Just some products are tight:

Pretilachlor, Acetochlor, Pendimethalin, Oxyfluorfen.

• Some products are not tight as before, but prices are still at high level:

Flumioxazin, Picloram,

• Some products are at bottom areas:

Abamectin, Emamectin benzoate, Azoxystrobin

Let me know freely if any comments or questions.