The current inflationary trend in glyphosate prices is reminiscent of 2008 when the price surged to over 100,000 Yuan per ton. This previous “glyphosate bubble” hallmarked by a huge price increase and subsequent crash is tempering investors and speculators enthusiasm with understandable caution. After bottoming out at a low of 19,000 Yuan per ton, glyphosate’s value has seen steady and dependable appreciation. At first glance this inflation can be attributed to simple fluctuations in the cost of raw materials and newly enacted government regulations in China. However upon closer scrutiny and detailed analysis we see that the recent price rise has been preceded by fierce political maneuverings, trade disputes and to a large extent the calculated business savvy demonstrated by Monsanto.
Rising Glyphosate Prices: Interpreting the Trend
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