On July 8, the Glycine commodity index was 103.64, which was unchanged from the 7th, which was a decrease of 1.67% from the highest point of the period 105.40 points (2013-06-17) and an increase of 3.77% from the lowest point of March 07, 2013 of 99.87 points. (Note: Cycle refers to 2013-03-01 to present)

On July 9, domestic industrial grade glycine prices continued to decline. At present, the average 98.5% glycine industrial grade market price is around 10,800-10,900 yuan/ton; the actual transaction price is around 10,200 to 10,500 yuan/ton, and the downstream glyphosate manufacturers plan to start summer equipment maintenance in August, which will affect the Glycine procurement progress, so that glycine demand fell, short-term glycine upside weakness.