The biggest driver of the Trifluralin market this year has been the closure of one of three key factories in China while it works to improve its waste management. This is why the price has steadily increased since June 2014. Based on our observations of the market, we expect the price of Trifluralin to increase as the season progresses and more expensive raw materials are used in production.
At the same time, the value of the Australian dollar against the US dollar has declined by about 20%, meaning a similar increase in price for some chemicals. As raw materials bought at the lower exchange rate are used, the cost of goods and therefore prices will increase significantly.
Crop Smart is a direct-to-farm manufacturer, meaning we source the raw material direct from China and manufacture here in Australia. Because of this, we have direct links into China so we can keep you up-to-date with market information and price trends to save you money – just give me a call anytime for the latest update.