1、 Price trend

According to the bulk list data of business society, the domestic glycine market price continued to rise this week. The average price of industrial glycine at the beginning of the week was 26666 yuan / ton, and the average price at the weekend was 27333 yuan / ton, an increase of 2.5%.

2、 Analysis and review

According to the price chart of the business club, the price of glycine has further increased, of which the quotation in Hebei has been restored, and the mainstream quotation of industrial glycine is 28000 yuan / ton. The enterprise’s production is stable and mainly completes the orders of old customers. Affected by the double limit in Shandong, the start-up of the unit is unstable, the supply of goods is tight, and the enterprise continues to stop reporting.

Downstream products: glyphosate demand continues to improve. It is understood that the price of glyphosate technical drug exceeds 70000 yuan / ton, the mainstream quotation in the market is around 75000 yuan / ton, the supply of goods is low, the manufacturers mainly execute orders, there is no pressure to deliver goods, the cost continues to be high, and under the support of strong demand, the glyphosate market is expected to remain high for a long time.

3、 Future forecast

Glycine analysts of business society believe that the overall supply of glycine is tight, the downstream demand is stable, and the future price is likely to be stable.