In the first quarter of 2009, the price of glyphosate stopped falling and rebounded, reaching the bottom. Major countries such as Europe, America and Japan expect strong currency depreciation, and energy prices such as oil, natural gas and coal are expected to rise. Affected by this, the demand for bio-alternative energy will rebound, and the price of glyphosate will also rise driven by demand and cost.

In the long run, the bio-alternative energy industry has a broad development prospect, the sown area of glyphosate-resistant transgenic crops will continue to show rapid growth, and the demand and price of glyphosate are expected to show an upward trend.

The entry threshold of glyphosate industry is relatively low, and the industry competition is fierce. The normal gross profit margin is around 15%. Due to a number of new glyphosate production projects in China in recent years, the total production capacity of glyphosate industry in China is about 500,000 tons, accounting for 60%-70% of the global glyphosate production capacity, and the industry has overcapacity.