AI Roundup: Prices of Paraquat TK, Glyphosate Tech Up

The price of paraquat TK increased by $650 per tonne in March, the second straight month of rises for the active ingredient, according to the China Crop Protection Industry Association’s Monthly Bulletin of Statistics of China Agrochemicals.

However, the main raw material of paraquat, pyridine, has underperformed for the past few months. It’s expected that the price increases by paraquat TK will not last, CCPIA said.

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For glyphosate tech, the price showed a sharp rebound in March by $890 per tonne in March — reversing a half-year of declines, CCPIA said.

March is typically when demand from North America starts to increase, which always bumps up the domestic glyphosate price. However, CCPIA said, “insiders consider that in the long run, market demand has been increasing. With Monsanto’s new seed products launching into market, the area of GM crops will be driven up, especially in Brazil (with the expansion of Intacta RR2 Pro soybeans), which will trigger a new trend of glyphosate demand increasing.”

In addition, Guizhou Guida Technology Co., Ltd. applied its new active ingredient for ICAMA registration. The chemical name of the compound is 2-(methyl sulfonyl)-5-(4-fluorobenzyl)-1, 3, 4-oxadiazole. Its antibacterial activity is against rice bacterial leaf blight and leaf streak.

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