The price of feed additives rises and falls: VA weakens, tryptophan is stronger

Pre-holiday stocking was basically completed, the market was steadily volatile this week, and the vitamin A market was weak this week. In the amino acid market this week, the threonine and tryptophan markets were stable and strong.

Vitamin market dynamics in the 39th week of 2020

VA: The VA market price is 400-430 yuan/kg this week. BASF notified the customer by email that the German factories VA and AD3 stopped receiving orders in the third quarter due to quality problems. In the fourth quarter of 2020, the supply of VA1000 and AD3 products is limited. BASF will report progress and prospects in November. The European VA1000 market price is 75-80 Euro/kg. Some manufacturers performed maintenance until mid-September. An accident occurred at the Xinhecheng Shangyu base on August 19, and subsequent supply restoration was a concern. The VA market was supported by high levels.

VE: The market price of VE this week is 67-72 yuan/kg. The European market price is 6.7-7.0 Euro/kg. Zhejiang Pharmaceutical will stop production for maintenance from August 1st to September 15th, and its VE products will be suspended. Some European manufacturers' VE production lines have been suspended for 4 weeks since early August. Some manufacturers quoted 86-95 yuan/kg in August. After the centralized procurement, the purchase and sales of the VE market slowed down and stabilized.

Niacinamide: The market price is 51-54 yuan/kg this week. On July 27, Lonza announced the maintenance plan for two vitamin B3 plants. The Swiss plant will suspend production for four weeks in October 2020, and the Nansha plant in China will suspend production for eight weeks from mid-September to mid-November 2020. The low-price supply in the market has decreased.

Calcium Pantothenate: The market price is 75-80 yuan/kg this week. The market has fallen to a low level, and downstream companies have increased their willingness to replenish inventory. The European market is quoted at 9.5-10.5 Euro/kg.

D3: The market price this week is around 175-195 yuan/kg, and the European market price is 19-20 Euro/kg. The new domestic vitamin D3 oil standard will be implemented on July 1, 2020, with animal brain stem cholesterol as the starting material The produced VD3 will not continue to be sold in China. In August, some manufacturers in Zhejiang were overhauled, and the garden biology price was 500 yuan/kg.

B1: The market price this week is around 160-165 yuan/kg. According to market news on June 30, Tianxin plans to suspend production for 60 days. Recently, Huazhong Pharmaceutical has undergone rectification and maintenance due to peculiar smell, and the purchase and sales of the B1 market have improved, and the quotations have rebounded.

B2: The market price this week is around RMB 95-100/kg. Market prices have returned to historical lows, raw material prices have been high, and some manufacturers have suffered losses. According to market news, Haijianuo’s Chifeng old factory plans to suspend production and relocation at the end of June. The migration time will be 6 months. On August 24, the price of Enbei B2 products was 120 yuan/kg.

B6: This week, the market price is around RMB 125-135/kg. Manufacturers' quotations have dropped and the market has pulled back to a low level. According to market news on June 30, Tianxin plans to suspend production for 60 days. Recently, Huazhong Pharmaceutical has rectified and repaired due to odor. Dafeng Haijianuo received approval for resumption of work and production, and B6 gradually resumed production.

B12: The market price this week is about 150-158 yuan/kg. Guangji Pharmaceutical announced that it plans to raise 500 million yuan to build vitamin B12. The low market price of B12 is weak.

2% biotin: this week’s market price is 110-130 yuan/kg, and the European 2% biotin market price is 16-18 euros/kg. Hijano biotin production is expected to resume before mid-September. The biotin market pulled back to a low level.

Folic Acid: The market report this week is about 205-220 yuan/kg. Recently, purchases and sales have been weak, and the market has fallen to a low level and narrowed.

K3: This week's (MSB) K3 market price is 82-90 yuan/kg. Zhenhua shares announced on the evening of August 9 that the company intends to purchase 100% equity of Minfeng Chemical held by the Chemical Medicine Group through the issuance of shares, and market attention has increased. Due to rising raw material costs, this week, Brother Technology, Zhenhua, Minfeng and other manufacturers of feed grade K3 MSB96 increased the price to 93-95 yuan/kg, and MNB96 increased the price to 113-115 yuan/kg.

VC: The market price this week is about 25.5-28 yuan/kg. The non-coronavirus epidemic is spreading rapidly, and the demand for VC has increased. Previously, raw powder manufacturers concentrated on raising prices. Recently, purchase and sales have slowed down. Supported by costs, the VC market rose slightly.

60% CHOLINE: This week's market price is 4.55-4.8 yuan/kg. In the recent raw material market, the quotation of ethylene oxide market has been raised by 100-300 CNY/ton, the trimethylamine manufacturer Jiangshan Chemical has stopped and delisted, the supply of trimethylamine has decreased, and the offer has been strong. Manufacturers' costs have risen. According to market news, Shandong manufacturers offer 50% choline at 4200-4400 CNY/ton.

Amino acid market dynamics in the 39th week of 2020

The lysine market is steadily organized. The 98% content reference price range is 7.1-7.5 yuan/kg, and the 70% lysine price range is 4.0-4.4 yuan/kg. In July, the export volume of lysine decreased month-on-month, and the European lysine hydrochloride market price was 1.05-1.1 Euro/kg. Recently, manufacturers have lowered the quotations of 70% lysine and increased the quotations of threonine, and sold them together with threonine. The pre-holiday stocking was basically completed, and the market was stabilizing.

The methionine market was adjusted back and the reference price range was 16.5-18.0 yuan/kg. The European methionine market weakened to 1.85-1.9 euros/kg. The European methionine market weakened to 1.85-1.9 Euro/kg. Domestic production capacity is increasing, prices are bottoming out, stocking is basically completed before the holiday, and the market is low. The deadline for the final adjudication of methionine anti-dumping is October 10, 2020.

The threonine market is stable and strong. Depending on the volume of different brands, the market price range is between 8.3-8.6 yuan/kg. Affected by the epidemic, foreign factories are limited in production, domestic corn prices are high, and manufacturers are dependent on cost pressure. According to market news, the plum threonine is raised to 8.888 yuan/kg and sold with 70% lysine. The market is stable and strong.

The tryptophan market is stable and strong. The price is 49-51 yuan/kg. The sales of domestic sow feed, piglet feed, and high-end feed are increasing, which is conducive to the additional addition of tryptophan. Foreign demand is weak. According to market news, Julong will resume production in September, and the tryptophan market quotation is stable. The European market price of tryptophan is 6.0-6.5 Euro/kg.