1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the bulk list data of business society, the domestic glycine price continued to rise in November. The average price of industrial grade glycine was 29666 yuan / ton at the beginning of the month and 35000 yuan / ton at the end of the month. The increase was 17.98%.
2、 Analysis and review
According to the price chart of business society, the price of glycine continued to rise strongly in November. By the end of November, the mainstream quotation of domestic industrial glycine was around 35000 yuan / ton. Prices hit an all-time high. It is reported that the market was closed in mid and early November, and the enterprises mainly completed the orders of old customers. At the same time, due to the influence of double limit, the production was unstable and the market supply was tight. Since late November, the enterprises have successively resumed the quotation, the downstream procurement was relatively stable, the demand situation was acceptable, and the price of the resumed quotation has increased steadily.
| EDTA |
Demand: the downstream glyphosate price exceeded 80000 yuan / ton. Although the price of raw materials such as yellow phosphorus decreased significantly in November, affected by the double limit policy, the plant production was unstable and the supply decreased. At the same time, the foreign demand remained unchanged, and the glyphosate price further increased. The stable demand market for glyphosate in the downstream provides strong price support for the price of glycine.
3、 Future forecast
Glycine analysts of business society believe that at present, the supply and demand of glycine market is stable, and the demand for glyphosate is stable. It is expected that the price of glycine will be stable in December.
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