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Glycine prices in the US held steady in the first half of November after a sharp correction in October as the market moved from a weak to a balanced phase. The early November stability was a shift in sentiment with buyers being cautious while maintaining coverage across feed, nutraceutical, and pharmaceutical segments. Supply flow predictability and consistent arrivals from Asian origins kept the tone from going down further. Throughout the first half of the month, Glycine was steady as distributors managed their inventory prudently and downstream industries procured according to their current production needs rather than stocking up for future shortages.
In October, Glycine (鈮**.**) CFR Houston was at USD *,*** per MT, down 鈥*.** from the previous month. The decline was due to softer export availability from China, where producers focused on domestic priorities and lower freight costs that tempered the landed values of
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