Recently,  Sichuan suffered a huge flood once in a hundred years

many glyphosate manufacturers were forced to shut down their production lines for emergency rescue which production capacity accounts for approximately 24% of the total domestic's capacity.

This huge flood directly caused supply of glyphosate greatly reduced in recent months . Meanwhile, the operating rate of glyphosate industry was lower during the covid19.

Now the price is changing once a day very irrational and the peak season is coming, very tight supply,it is expected that the price of glyphosate will continue in an upward trend.