OPERATION MODE ANALYSIS AND ECONOMIC
Keywords:
Glyphosate, Industry supply, Demand, InflationAbstract
Glyphosate was developed by Monsanto in the United States in 1971. It is the world’s largest herbicide, and it is mainly used in the cultivation of agricultural products downstream. Glyphosate is a non-selective, non-residual herbicide that is very effective against perennial root weeds. It is widely used in rubber, mulberry, tea, orchards and sugarcane fields. At this stage, there is no new supply on the production side, and the strong agricultural planting boom has caused demand to exceed expectations, the contradiction between supply and demand has expanded, and the price elasticity has risen. Industry concentration has increased, forming a pricing pattern for industry giants. The global currency is over-issued. Under the background of inflation, the price of bulk raw materials has risen and the cost has risen, forming price support. This article has collected a lot of information, combined with its own work experience, and is optimistic about the long-term business cycle of the glyphosate industry.
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