1、 Price trend

According to the bulk list data of business society, the domestic glycine price was adjusted at a high level this week, and the average price of industrial glycine was stable at 25000 yuan / ton without rise or fall.

2、 Analysis and review

According to the price chart of the business club, the domestic glycine market remains stable at a high level. The industrial glycine of enterprises is quoted at 25000 yuan / ton. The devices of start-up enterprises are fully opened, the delivery situation is acceptable, and the inventory is limited. The 10000 ton glycine plant of Shandong Zhenxing maintains the maintenance status, and there is no start-up plan for the time being. Downstream rigid demand is dominant, the price is on the high side, and the transaction of new orders is limited

Demand: the downstream glyphosate price remained stable, the price of glyphosate technical drug remained stable at 51000 yuan / ton, glyphosate enterprises were basically full of export orders in September, and the industry profit was considerable. With the arrival of the peak demand season for glyphosate in the fourth quarter, the price of glyphosate is expected to continue to rise.

3、 Future forecast

Glycine analysts of business society believe that the current glycine supply is sufficient, and the glycine price is strong under the support of demand. It is expected that the glycine market will continue to operate at a high level and maintain stability in the near future.