1、 Price trend
According to the bulk list data of business society, the domestic glycine price was temporarily stable this week, and the average price of industrial grade glycine was 22333 yuan / ton, with no rise or fall.
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2、 Analysis and comment
According to the monitoring of the business community, the price of glycine was temporarily stable this week. The mainstream market quotation was around 21000-22000 yuan / ton. About 50% of the construction started in Hebei. Some factories in Shandong stopped and the overall market supply was sufficient. Affected by the decline in the price of raw materials and downstream glyphosate, the price of glycine was weak.
Downstream products: the mainstream price of downstream glyphosate technical drug is around 64000 yuan / ton. It is understood that the current market price is high, the rising power is insufficient, the supply of foreign manufacturers returns to normal, the tight supply of glyphosate has been effectively alleviated, and the future rising space of glyphosate is limited.
3、 Future forecast
Glycine analysts of business society believe that the current glycine market is lack of positive factors to boost, and the price is expected to be adjusted and operated in a narrow range.
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