1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the bulk list data of business agency, the domestic glycine price continued to decline in June. The average price of industrial glycine stabilized at 19666 yuan / ton at the beginning of the month and 18666 yuan / ton at the end of the month, with a monthly decrease of 5.06%.
2、 Analysis and comment
According to the price chart of business agency, the domestic glycine market continued to decline in June, and the market price was uncertain. As of the end of the month, the mainstream market quotation was around 18000-19000 yuan / ton. In terms of supply, the maintenance enterprises resumed driving, and the market supply returned to normal. In terms of demand, the downstream demand is general, and the orders of old customers are mainly, especially glyphosate. The demand is not as expected, and the procurement is relatively weak.
| Sodium Molybdate |
Demand: the downstream glyphosate market continued to fall slightly, and the price of glyphosate technical drug was around 65000 yuan / ton by the end of the month. The overall market is weak and stable. Due to the stable operation of foreign glyphosate devices, the domestic procurement is not as expected, the inventory in the domestic market has increased, the price has been reduced slightly, and traders are reluctant to sell, so they are cautious about the future market.
3、 Aftermarket forecast
Glycine analysts of business agency believe that, on the whole, the glycine market is mainly restricted by the downstream glyphosate market. There is no obvious positive signal in the glyphosate market, and the glycine price remains weak and stable.
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