Domestic Lysine Market Inquiries and Transactions Are Stable, but The Demand for Tryptophan Is Weak

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.

Recently, the methionine market has been weak and stable, and the methionine factories have been shipping products one after another, and traders have been shipping actively.

At present, the market is changing rapidly. Although downstream demand is not strong, limited power and dual control measures have caused epidemics in many places. Snowstorms in parts of the north have caused superimposed vehicle capacity to be diverted to coal transportation, and factory shipment speeds have been severely affected. Supply is tight, spot inquiries in the market are very active, and prices are firm.

On November 30, Chengfu Group’s latest quotation: 70% lysine for domestic sales is 8.9 yuan/kg for ex-factory, and FOB RMB 9/kg for foreign sales, limited orders are accepted.

Lysine

At present, the mainstream price of 70% lysine is 8.9-9.7 yuan/kg, some factories still have tight delivery, but some manufacturers' delivery pressure has eased. The mainstream price of 98% lysine is 13-13.3 yuan/kg, the spot market price and orders are stable, the supply is tight, the terminal popularity has declined, and the downstream still pays attention to the delivery situation of the manufacturers. On November 30, Chengfu Group’s latest quotation: 70% lysine for domestic sales is 8.9 yuan/kg for ex-factory, and FOB RMB 9/kg for foreign sales, limited orders are accepted. The 300,000-ton-a-year lysine project of Meihua Bio-Jilin Baicheng Plant started smoothly.

The spot price of 70% lysine sulfate in the European market is 3.40-3.75 Euro/kg; the spot price of 98.5% lysine hydrochloride is 5.40-5.70 Euro/kg.

Methionine

At present, the domestic methionine mainstream market is quoting 19.1-20 yuan/kg. The manufacturer's delivery speed is slow, the manufacturer's price is firm, the inquiries are stable, and the downstream heat drops. Traders are eager to sell the goods and still need to pay attention to the manufacturer's delivery progress.

The spot price in the European market is 3.15-3.30 Euro/kg.

Threonine

The mainstream quotation of threonine in the domestic market is 12.8-13.4 yuan/kg, the market inquiry is weakening, and the supply is tight. Pay attention to the production and export situation of the industry.

The European spot market price of threonine is 4.50-4.75 Euro/kg.

Valine

At present, the mainstream price of valine in the domestic market is 25.0-28.0 yuan/kg, the terminal demand is weak, and the purchase and sales are relatively flat.

Spot prices in the European market are 8.00-10.00 Euro/kg.

Tryptophan

At present, the mainstream price of tryptophan in the domestic market is 58-61 yuan/kg. The demand from downstream customers is weak, and the buying and selling enthusiasm is flat. Pay attention to the production and export situation of the industry.

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.