Betaine is synthesized from main raw materials chloroacetic acid and trimethylamine. We will push the price, market and future trend of our main raw materials on the official website, which is more convenient for our customers to control the overall market.
Yesterday, domestic chloroacetic acid market is roughly as follows. The center of gravity remains high as manufacturers execute orders and the market has little spot supply. Downstream customers are cautious, and the high price market is expected to continue for a long time. Chloroacetic acid will be high even into the fourth quarter due to the impact of the traditional peak season pesticide industry on the market. In China, the main market price of chloroacetic acid in Jiangsu region is RMB 9600-10000/ton, and the reference market price of chloroacetic acid in Henan region is RMB 9500-9850/ton. The price of chloroacetic acid in Shandong is RMB 9600-9850/ton. Limited spot, market orders based. The highest transaction price on the market is reached to RMB 10500/ton