This week’s market trading was dominated by just-needed inquiries, and the game between upstream and downstream supply and demand continued. The market start signal is becoming more and more obvious as the stocking cycle approaches, and each link needs to adjust the procurement strategy in a timely manner in combination with the inventory and production plan to cope with the current market consolidation.
On October 23, 2022, the Zhongnong Lihua technical price index reported 151.60 points, down 2.60% from the previous month, mainly due to the decline in glyphosate technical and nicotinic pesticides; among the hundreds of products tracked. , compared with last year, 71% of the products have fallen; compared with the previous month, 30% of the products have risen and fallen, with more falling varieties, few rising varieties, weak demand, and market transactions tend to be low-end.

Faced with the current market situation, most pesticide traders are in a wait-and-see and wait-and-see attitude. In the market game, the price will tend to the value balance point, and they will officially wait for the opportunity to buy at the bottom of the market.