NEWS
Analysis of The Market Trend
Time of issue:
2023-04-03 12:51
Market Status Description
March is nearly finishing.however the expected big order is still not coming to China. Which makes suppliers feel more upset.
The application season is coming near and near in many markets. With the stock level goes down, some orders is believed to be placed.
With the abundant capacity coming to effect, the market will see cheaper price.
There is a dilemma now. Less order makes suppliers prefer to decrease the price to attract the limited order, however lower price will also destroy the confidence of buyer so that they prefer to delay the purchasing as later as they can.
We suggest it is not necessary to bear the price in short term. Customer can place orders according to the demanding, manage the risk and expense by partially shipment.
We will send you specific product analysis and suggestion as you request later. The following is the anlysis of several facts:
Exchange rate between USD and RMB
China cut the deposit reserve ratio, more money will step into the market to boost consumption. And the FED increased the interest rate recently. It is expected that in Q2, exchange rate will have wide vibration, and The RMB plunge beyond 7 per dollar .
Supplying side
- The price of Glufosinate are still going down with the current price of USD12.75/KG FOB SHANGHAI . The price of Glyphosate is going into a stable trend.
- The price of chlofenapyr decreased, because the intermediates of chlofenapyr are going down.
- The prices of Tebuconazole and Thiamethoxam are at the bottom area.
Environmental protection:
None
Emergency:
None
The products which we have better price
Paraquat, Glyphosate, Glufosinate ammonium, 2,4-D, 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 as below:
Flumioxazin, quinclorac
- Picloram is still in the downward trend, without any change
- Most products are still in the downward trend:
Abamectin, Emamectin benzoate, Azoxystrobin,
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