Why does the price of glufosinate-ammonium go down?

2015-2016 is a year of rapid development of the glufosinate-ammonium market.
Domestic production capacity has increased sharply, and market attention has soared.
On the contrary, the price of glufosinate-ammonium has continued to fall, and price wars have become the main theme of the domestic and international markets
.
In the first half of 2015, there were not many domestic enterprises that put into production, and the decline in the market was relatively small
.
However, in the second half of the year, as Lier Chemical's 1,000-ton plant was put into production, some small-scale enterprise devices have been shipped, especially after September, the supply of glufosinate-ammonium has increased sharply, leading to an increase in the decline in raw powder
.
The price of glufosinate-ammonium fell by 24% from January to September 2015, and the price of glufosinate-ammonium fell by 32% from September to December
.
As of June 2016, glufosinate has fallen from 330,000 yuan/ton in early 2015 to 118,000 to 119,000 yuan/ton, which is close to the cost line
.