During 16th -18th March, the CAC conference, more and more fresh vendors were noticed to join and offer lower price than the big and stable ones. The clients from abroad held the bid and hoped to average the price in their current supplier. Another round of price war began.
Status from last year, facing the pressure of environment protection, fierce competition of price, extreme disunion of quality, all the vendors in China are still in tough days.
Offers in the first week after CAC, almost all the tech were facing markup, averaging RMB 200-1000/ ton. The utmost change was on glyphosate even the raw materials keep smooth, markup caused by demand time together with fair promotion and the trend to keep stock among all the vendors. Regarding to the 9 grade earthquake in Japan, it is estimated that markup and shortage of supply will last at least one month in all kinds of chemicals in China.
Under situation mentioned above, Psychem would like to keeps all clients posted with the specific market in pesticide in China from time to time.
By Jane
From: www.ampcn.com |