Glyphosate Continues to Rise

Short supply of raw material and increased production and shipping costs create almost the “perfect storm”!

Increased global demand coupled with China’s Yunnan district have cut power supply by 10-30% resulting in shortages and huge increases in the price of yellow phosphorous which is the main raw material used for glyphosate production.  

At a factory level there are no planned capacity increases and this, in part, might be due to the long-term international uncertainly as to where glyphosate fits.  In our opinion the scaremongering regarding glyphosate is way over the top for what is a relatively safe herbicide compared to many others being used.

Couple these shortages with increased international demand because of COVID, with people staying at home and working on their gardens and, the huge increases in shipping costs, 600-800% in many cases and this is assuming you can even get product on a boat, and you have the perfect storm.

When will prices start to ease?  Anyone’s guess.