Amino acids | Lysine prices stable, threonine demand low and hand-to-mouth purchases dominating the market
Effamall.com
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Key points:
Methionine market?prices?have been trending?strong and inquires have been increased. End users’?wait-and-see attitude prevails in Chinese market. Attention should be paid to quotations?and delivery?from factories.??
Currently, some terminals have replenishment demand for?lysine, which?has helped to heat up the market. Spot?prices have been lifted and transactions have been active. Attention should be paid to contracts signed by leading manufacturers and delivery from factories.
Latest quotations:
On 14/02/2022:
Chengfu?increased the prices of 70% L-Lysine sulfate?for domestic sales by RMB0.2/kg, and those for export were adjusted to FOB USD0.88/kg.
On 11/02/2022:
Anhui Huaheng Biotech Co., Ltd. has suspended signing contracts for valine.
The online voting last week initiated by Effamall.com showed that 39% of participants predicted a further price rise of?tryptophan, 43% foresaw a drop, and 18% estimated a stable trend for a while.?
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Price Updates
*Remarks:
Calculation Formula: RMB price/exchange rate/ (100%+13%), therein, 13% is VAT rebates for product export;
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Exchange rates?
<Source: https://www.boc.cn/sourcedb/whpj/>
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Company news
On Monday (14/02/2022), CBOT soybean futures market closed with lower prices by declining 1.5-13 cents. Due to badly needed rain over the weekend in certain regions of South America and improved crop conditions, it triggered long liquidation in soybeans.
<Source: https://www.feedtrade.com.cn/soybean/soybean_future/news/2070004.html??????Date: 15/02/2022>
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Market Information
Lysine
In European market, spot quotations of 70% L-lysine sulfate and 98.5% L-lysine HCL have?been steady.
In?Chinese market, some terminals have replenishment demand for?lysine which is?popular?in the market. Spot prices have been lifted and transactions have been active. Attention should be paid to the dynamics of contracts signed by leading manufacturers and delivery from factories.
Methionine
Spot?quotations for methionine have?seen no change?in Europe.
In China market, methionine market?prices?have tended to be strong and transactions have been low.?Attention should be paid to quotations?and delivery?dynamics?from factories.
Threonine
Spot quotations for threonine?have?little change?in Europe.
There have been fewer inquires?and demand?has been sluggish?in China. Attention should be paid to production and export dynamics.
Valine
In European market, spot quotations for valine have?been stable.
In Chinese market,?end users’?demand has been weak and transactions have been average.
Tryptophan
Spot quotations?for tryptophan?in European market have stabilized, and supply and logistics remain restricted.
In Chinese market, the downstream demand has been weak and transactions have been sluggish. Attention should be paid to production and export dynamics.?
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Other news
Freight
The Port of Los Angeles and the Port of Long Beach announced that consideration of the Container Excess Dwell Fee?would be held off another week, until 18th Feb 2022.
<Source:https://ch.one-line.com/zh-hans/news/ports-los-angeles-long-beach-container-excess-dwell-fee-update-4??Date:?15/02/2022>
?<Source: https://finance.sina.com.cn/?>
<Source: https://finance.sina.com.cn/?>
<Source: https://finance.sina.com.cn/?>
<Source: https://finance.sina.com.cn/?>
Note: Global?futures data is “As of yesterday” due to time difference.
Note: Data for items with “*” is “As of yesterday”.
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