Product
Glycine Price Trend
Glycine Price Trend and Forecast
Procurement Resource provides latest prices of Glycine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
In January 2022, glycine prices in China were somewhat stable. The average price of industrial-grade glycine was 35,000 RMB/MT at the start of the month, which fell to 34,666 RMB/MT at the end of the month as the price of upstream raw materials fell. The overall glycine market did not move significantly; supply and demand were consistent, and the industry's overall construction stayed at approximately 60-70%.
Acquisitions, collaborations, novel product development, capacity expansions, investments, and mergers are among the growth and marketing strategies used by global participants in the glycine market to expand their client base and portfolio.
Evonik Industries developed GuanAMINO®, its proprietary guanidino acetic acid product, in September 2020 to fulfil the growing demand for improved energy metabolism in cattle production. The new substance is made up of the amino acids glycine and arginine.
About Glycine:
Glycine is known as a non-essential, non-polar, non-optical and also as a glucogenic amino acid. It is a colorless, sweet-tasting crystalline solid. It is a crucial component as well as a precursor for several macromolecules in the cells. In food chemistry, glycine is used as a flavorant as it is mildly sweet and counters the aftertaste of saccharine
Product Details:
| Report Features | Details |
| Product Name | Glycine |
| Industrial Uses | Lab research, Metal complexing and finishing, Pet food, Animal feed, Component for parenteral and enteral nutrition |
| Chemical Formula | C2H5NO2 |
| Synonyms | 2-Aminoacetic acid, 56-40-6, Aminoacetic acid, Glycocoll, Aciport |
| Molecular Weight | 75.07 g/mol |
| Supplier Database | Acros Organics, Ajinomoto Health & Nutrition North America, Inc, Newtrend Group, Henan HDF Chemical Company,Ltd |
| Region/Countries Covered | Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Production process:
- Production of Glycine via Amination; and via Strecker Amino Acid Synthesis
The production of glycine involves the amination of chloroacetic acid with ammonia, which results in the formation of glycine along with ammonium chloride.
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Methodology:
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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