1、 Price trend
| PVA |
According to the bulk list data of business society, the domestic glycine price rose slightly this week, with the price at the beginning of the week being 24666 yuan / ton and the weekend price being 24833 yuan / ton, an increase of 0.68%.
2、 Analysis and review
According to the price chart of business society, the overall glycine price market has not changed much this week. At present, the mainstream price of industrial glycine is around 25000 yuan / ton. The enterprise resumes quotation, mainly completes the orders of old customers, and can receive new orders. Downstream just need mainly, due to the high price and strong wait-and-see attitude, the transaction of new orders is limited.
Demand: the downstream glyphosate technical price is around 50000 yuan / ton, and the raw materials are acetic acid and glycine. Yellow phosphorus has increased greatly in varying degrees, supported by both cost and demand, and the price still has room to rise.
3、 Future forecast
Glycine analysts of business society believe that the current glycine supply is sufficient, the demand is supported, and the industry prosperity is high. It is expected that the price of glycine will continue to break through after the horizontal consolidation.
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