智通财经网·2025-07-16 07:09Group 1 - Glyphosate is the second most used herbicide globally, with significant market demand growth driven by the ban and restriction of paraquat and increasing resistance issues with glyphosate [1] - Glyphosate has a unique herbicidal mechanism that inhibits the synthesis of glutamine in plants, leading to ammonia accumulation and cell metabolism disruption, establishing its important position in the pesticide market [1] - The global market share for glyphosate is projected to reach $499 million in 2024 [1] Group 2 - China is the largest producer of glyphosate, with a total production capacity of 151,000 tons by 2025, including major producers like Inner Mongolia Lingsheng (75,000 tons) and Shandong Yisheng (24,000 tons) [2] - BASF plans to cease glyphosate production at its Knapsack and Frankfurt facilities by the end of 2024 and 2025, respectively [2] - UPL's production capacity is only 8,000 tons [2] Group 3 - As of July 14, 2025, the average market price for glyphosate raw powder is 43,700 yuan per ton, below the industry cost of 56,900 yuan per ton [3] - Current inventory levels in the glyphosate industry have decreased by 8.94% week-on-week and 27.3% from the year's peak [3] - Demand from regions like South America and Southeast Asia is expected to drive price recovery, with some companies already scheduling orders into late August [3]