1、 Price trend
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According to the data of the bulk list of business agencies, the domestic glycine price continued to rise this week, with the price at the beginning of the week being 21000 yuan / ton, and the weekend price of 21666 yuan / ton, or 3.17%.
2、 Analysis and comment
According to the price chart of the business agency, the glycine price continued to rise this week, with the trading atmosphere on the site still acceptable. The glycine price rose to a high level, and the mainstream quotation of industrial glycine reached a high of 22000 yuan / ton, a record in the year. The enterprise completes the old customer order mainly, the new order is limited.
Demand: the downstream glyphosate market maintains high consolidation, and the mainstream price of glyphosate raw drugs approaches 50000 / T. it is reported that foreign demand is in good condition. The list of glyphosate raw drug manufacturers is scheduled to October, and the demand continues to improve, supporting the rise of glycine prices.
3、 Future forecast
Glycine analysts of the chemical branch of business society believe that: the current glycine price is at a high level, and there are signs of weakness in the continued increase. It is expected that the high glycine market will be sorted and operated in the near future.
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