Glycine operating rate has been less than half

The domestic professional market research institution West America Information Corporation recently released the latest "China Glycine Market Research Report." The report said that since 2007, driven by glyphosate, China's glycine industry has achieved rapid development, production capacity has continued to expand, and production has continued to increase. At the end of 2008, glycine supply already exceeded demand. Since 2009, the production capacity of glycine has been nearly 500,000 tons/year, and the operating rate of enterprises has been below 50%.
As for the future development trend of glycine, Qu Xiaodong, an information researcher of Western America, believes that the global economy is slowly recovering, and the planting area of ​​Glyphosate-tolerant transgenic crops is expanding, which will drive the development of the glycine industry.

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