Amino acids | Lysine inquiries active and transactions increased

Key points:

The overall Lysine market has been active.?The downstream purchasing willingness has increased and the inquiries as well as transactions have gone up significantly. Attention should be paid to production and quotations?from upstream factories. The prices of Threonine have been close to the cost line while the inquiries and transactions have trended upwards.

Methionine market?prices have been stable. Inquiries have increased. Attention should be paid to?delivery?from factories.

On 05/09/2022, EPPEN made offers for 70% L-Lysine sulfate, 98.5% L-Lysine HCL, L-Threonine, L-Valine?at RMB6.2/kg, RMB9.5/kg, RMB9.2/kg and RMB19/kg respectively.

The online voting last week initiated by Effamall.com showed that 41% of participants predicted a further price rise of Methionine, 33% foresaw a drop, and 26% estimated a stable trend for a while.

<Effamall.com>

Price Updates

*Remarks:

Calculation Formula: RMB price/exchange rate/ (100%+13%), therein, 13% is VAT rebates for product export;

<Effamall.com>

Exchange rates

<Source: https://www.boc.cn/sourcedb/whpj/>?

<Effamall.com>

Company news

On?Friday?(02/09/2022),?CBOT?soybean futures market closed with higher?prices, declining by 14.75-37.75 cents.?

<Source:?https://www.feedtrade.com.cn/soybean/soybean_future/news/2072389.html??Date: 06/09/2022>

<Effamall.com>

Market Information

Lysine

In European market, spot quotations of 98.5% L-lysine HCL and 70% L-lysine sulfate?have been stable.

In Chinese market, the overall market has been active.?The downstream purchasing willingness has increased and the inquiries and transactions have gone up significantly. Attention should be paid to production and quotations?from upstream factories.

Methionine

In Europe, the spot quotations for methionine have been steady.

In China market, the market prices have been stable. Inquiries have increased. Attention should be paid to delivery from factories.

Threonine

In Europe, there has been?little change?in?spot quotations for threonine.

In China,?the prices have been close to the cost line while the inquiries and transactions have trended upwards.

Valine

In European market, spot quotations for valine have?been flat.

In Chinese market,?end users’?demand has been weak and transactions have been average. Hand-to-mouth purchases are dominating the market.

Tryptophan

In European market, there has been?no change?in spot quotations?for tryptophan.

In Chinese market, the prices have been stable?with low transactions. Hand-to-mouth purchases are being taken by the terminals. Attention should be paid to production dynamics.?

<Effamall.com>

Other news

Freight

CMA CGM is reinvesting the bulk of its earnings in acquisitions and decarbonization as the carrier’s profitability continues to grow, even as its CEO warned that the downturn in container shipping has begun.

<Source:https://www.joc.com/maritime-news/container-lines/cma-cgm/cma-cgm-makes-15-billion-%E2%80%98green-fund%E2%80%99-investment_20220905.html Date:?06/09/2022>

<Source: https://finance.sina.com.cn/?>

Note: Global?futures data is “As of yesterday” due to time difference.

<Source: https://finance.sina.com.cn/?>

Note: Data for items with “*” is “As of yesterday”.

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