China's Terminal Demand For Tryptophan Is Weak

The production of threonine and lysine in various regions will continue to be affected by 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, methionine market inquiries have been active, and methionine factories have been shipping products one after another, and traders have been actively shipping.

The market is currently changing rapidly. Although the downstream demand is not strong, the power restriction and dual control measures have caused epidemics in many places, extreme weather in some areas, and the superimposed vehicle capacity has been diverted to coal transportation. The delivery speed of the factory has been severely affected, and the supply Tight. The market spot inquiries were basically stable, and the channel prices were slightly loose.

On December 14, Wanli Runda’s latest quotation: 70% lysine for domestic sales in February was quoted at 8.9 yuan/kg, 98% lysine was quoted at 12.9 yuan/kg; 70% lysine for export in March was quoted at 9.0 yuan/kg, The 98% lysine price is 13.0 yuan/kg.

Lysine

At present, the mainstream price of 70% lysine is 8.1-8.7 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. The 300,000-ton-a-year lysine project of Meihua Bio-Jilin Baicheng Plant started smoothly. On December 14, Wanli Runda’s latest quotation: 70% lysine for domestic sales in February was quoted at 8.9 yuan/kg, 98% lysine was quoted at 12.9 yuan/kg; 70% lysine for export in March was quoted at 9.0 yuan/kg, The 98% lysine price is 13.0 yuan/kg.

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 is normal, the manufacturer's price is firm, and the inquiry is active. It is still necessary to pay attention to the manufacturer's delivery progress.

The spot price in the European market is 3.05-3.25 Euro/kg.

Threonine

The mainstream quotation of threonine in the domestic market is 12.6-13.2 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 24.0-27.0 yuan/kg, with weak terminal demand and relatively flat purchases and sales.

Spot prices in the European market are 8.00-9.5 Euro/kg.

Tryptophan

At present, the mainstream price of tryptophan in the domestic market is 56.0-60.0 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.