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February 2, 2017

Threonine prices soften in China amid weak sales
 
An eFeedLink Exclusive         
 

Prices stayed weak.
 

Prices of local threonine in China (RMB/kg)

Price quotes as of Dec 31

Price quotes as of Jan 26

Price Changes 

10.50-11.50

10.00-11.00

-0.50

Prices are representative and for reference only.
RMB1= US$0.1454 (Feb 2) 

 
Threonine producers held prices low in efforts to clear inventories before Chinese New Year. Meanwhile, export orders remained limited as renminbi stayed firm.
 
In Europe, price quotes of Chinese products dipped to EUR1.43-1.52/kg.
 
Trade is expected to be slow during February due to prominently lower animal population. Sales of threonine are unlikely to be strong as a result.
 


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