Price trend

According to the monitoring data of SunSirs, on the 7th, the domestic glycine price stabilizes at 18,666 RMB/ton.

Analysis review

There were not many transactions in the market, and the buying gas was insufficient. At the same time, the downstream glyphosate fell again, and the price of the original drug fell to around 63,000 yuan / ton, and the supply and demand were both weak.

Market outlook

Glycine analysts of SunSirs believe that due to the decline of glyphosate and the restraint of upstream and downstream, it is expected that the glycine market will run weakly in the near future.

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