"Since the beginning of the year the hryvnia is actively losing ground, which can not affect those that import pesticides for the currency since the period of active procurement of pesticides abroad has already begun. For a short period of time, the hryvnia fell by 15% and can not to stop. In this regard, the expected rise in prices of all imported drugs", says market analyst NWR IA "Infoindustriya" Igor Gerasimenko.
The rise in price of glyphosate-induced growth of prices in China – the main producer and the largest supplier of this herbicide in Ukraine. It should also be noted that the price hike will affect not only suppliers of a generic product, but also multinational companies, whose production of this herbicide is partially located in China.
"Glyphosate technical in China in 2016 went up by 33% and continues to increase the price. As at the end of the year the cost of a kilogram of glyphosate technical in China is 3.65 of the dollar", — said the expert.
Translated by service "Yandex.Translation"