Amino acids | Valine prices stable with low demand and sluggish transactions
Effamall.com
New opportunities and new information are discovered every day in the feed additive industry!
Key points:
Methionine market?prices have been weak.?Dealers’ stock is limited, and some terminals have demand for replenishment. Attention should be paid to?delivery from factories.
Lysine?prices?have weakened and the quotations from factories have been steady. The inquiry has been sluggish. Impacted by the new Covid outbreaks, attention should be paid to quotations from leading?manufacturers.?
The online voting last week initiated by Effamall.com showed that 27% of participants predicted a further price rise of?Tryptophan, 52% foresaw a drop, and 21% 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
CBOT?was closed on Monday(30/05/2022)?for the?public holiday in the USA.
<Source:https://www.feedtrade.com.cn/soybean/guoji/2071263.html?Date: 31/05/2022>
<?Effamall.com?>
Market Information
Lysine
In European market, spot quotations of both 98.5% L-lysine HCL?and 70% L-lysine sulfate?have been stable.
In Chinese market, quotations from factories have been stable. The inquiry has been sluggish. Impacted by the new Covid outbreaks, attention should be paid to quotations from leading?manufacturers.
领英推荐
Methionine
In Europe, the spot quotations for methionine have stabilized.
In China market, market prices have weakened. Dealers’ stock is limited, and some terminals have demand for replenishment. Attention should be paid to?delivery from factories.
Threonine
In Europe, there has been no change in?spot quotations for threonine.
In China, the inquiries have trended?low, demand has been low?and transactions have been sluggish. Attention should be paid to production and export dynamics.
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 little change in spot quotations?for tryptophan.
In Chinese market, the prices have been stable and weak with low downstream demand?and inactive transactions. Attention should be paid to production dynamics.
<?Effamall.com?>
Other news
Freight
This week, Maersk expressed that the container detention fees announced in October 2021 will be implemented shortly at the ports of Los Angeles and Long Beach due to ongoing congestion affecting ships and operating pressures on the onshore supply chain.
<Source:https://news.sol.com.cn/html/2022-05-31/ACC33C2639A0C6D73.shtml??Date: 30/05/2022>
<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”.
<Copyright Notice>
Content above is copyright of Shanghai Mobao E-commerce Co., Ltd. and may not be reproduced without permission. Copyright also exists in all other indicated sources of information and may belong to the author depending on the circumstances of use.