During research on specific subjects, Lier Chemical said that demand in the ammonium phosphine and glyphosate markets continued to be strong, and major pesticide manufacturers had to start the preparation cycle in the fourth quarter, and the supply pattern did not change much. The recent rise in market prices is currently due to various factors such as tight supply, increased demand, low channel inventory, and rising raw material prices. As the company's main products, glyphosate and glyphosate, the price increase had a positive effect on the company's fourth quarter results. The company continues to be optimistic about the market prospects of glyphosate. As essential herbs are registered in more and more major overseas pesticide countries, and market promotion and production technology improvements are improved, the scale of market demand will continue to grow. As the largest manufacturer of glyphosate raw materials in China at present, the company is actively developing the market layout. At present, the 20,000 tons/year enzymatic glyphosate project in Jinshi, Hunan has been put into operation, and the production situation is good.

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