Amino Acid Spot Market Prices Are Stable But Strong, and Methionine Market Inquiries Are Stable

The situation in Jiangsu is relatively severe, and the power curtailment has a greater impact on production. Some methionine factories communicate with customers that existing contracts will delay delivery. However, the methionine market has shown signs of cooling recently, and traders are eager to sell products.

The production of threonine and lysine in various regions will continue to be affected due to the power and coal restrictions brought about by the dual carbon emission control policy. Therefore, market inquiries are frequent and the transaction volume remains stable.

At present, the market is changing rapidly. Although downstream demand is not strong, the power restriction and dual control measures have caused epidemics to spread in many places. Snowstorms in some areas in the north have caused superimposed vehicle capacity to be diverted to coal transportation, and the delivery speed of factories has been severely affected. Supply is tight, spot inquiries in the market are very active, and prices are firm.

On November 2, the latest quotation for lysine domestic sales of Chengfu Group: Affected by the epidemic and transportation, the price of 70% lysine was increased by 0.3 yuan/kg, and orders were received in limited quantities.

In the last issue, Mobao.com launched an online voting: 32% of participants believe that the price of lysine will continue to rise, 55% are bearish, and 13% believe that the price will stabilize for a period of time.

Lysine

At present, the mainstream price of 70% lysine is 8.9-9.7 yuan/kg, and the factory delivery is still tight. The mainstream price of 98% lysine is 13.3-13.6 yuan/kg, and the spot market price is still rising, but the inquiries are stable, the supply is tight, and the terminal popularity has declined. The downstream still pays attention to the delivery situation of the manufacturers. On November 2, the latest quotation for lysine domestic sales of Chengfu Group: Affected by the epidemic and transportation, the price of 70% lysine was increased by 0.3 yuan/kg, and orders were received in limited quantities.

The spot price of 70% lysine sulfate in the European market is 2.20-3.30 Euro/kg; the spot price of 98.5% lysine hydrochloride is 4.40-5.70 Euro/kg.

Methionine

At present, the domestic methionine mainstream market is quoting 19.8-20.9 yuan/kg. The manufacturer's delivery speed is slow, the manufacturer's price rises, the inquiries are stable, the downstream heat drops, and the traders are eager to sell the goods.

The spot price in the European market is 3.10-3.25 Euro/kg.

Threonine

The mainstream quotation of threonine in the domestic market is 13.4-14.0 yuan/kg, the market inquiry is weakening, and the supply is tight. Pay attention to the production and export situation of the industry. On October 18, Chengfu Group ceased production of threonine for one month.

The European spot market price of threonine is 4.00-4.75 Euro/kg.

Valine

At present, the mainstream domestic valine market price is 25.0-30.0 yuan/kg, and the market price is slightly stronger.

Spot prices in the European market are 7.00-8.00 Euro/kg.

Tryptophan

At present, the mainstream price of tryptophan in the domestic market is 58-61 yuan/kg. Giant Dragon Tryptophan has now resumed production. On November 8, the latest offer of CJ tryptophan was 60 yuan/kg.

Supply and logistics in the European market are tight, and the mainstream price of tryptophan in the market is 9.50-10.00 Euro/kg.