The market price of glycine is stable and high (12.6 ~ 12.10)

1、 Price trend

 

PVA 0599 (PVA BF05)

According to the bulk list data of business society, the domestic glycine market price remained stable this week, and the average price of industrial glycine remained stable at 35000 yuan / ton.

 

2、 Analysis and review

 

POLYVINYL ALCOHOL

According to the monitoring of the business community, the glycine market operates stably. The price of industrial glycine in Hebei is 35000 yuan / ton, and that in Shandong is 35000 yuan / ton. The downstream demand is mainly just demand, and the demand is OK. The enterprise mainly completes the orders of old customers, and the new orders are limited. In terms of plant: the plant of the enterprise operates stably, the production is stable, and about 80% of the overall construction starts in the site.

 

Downstream products: the mainstream quotation of glyphosate technical drug this week is around 8000-85000 yuan / ton. The on-site inventory remains low, the demand does not decrease, and the price has a strong upward trend. At the same time, under the condition of high production threshold, it is difficult to have new production capacity put into operation. The industry has strong bullish expectations for the future market, and the glyphosate price remains high this week.

 

3、 Future forecast

 

Glycine analysts of business society believe that the current demand for glycine is supported, the price remains high, and the short-term market is mainly stable.

http://www.polyvinylalcohols.com

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