November 18, 2005

China threonine prices stable to marginally lower; increased supplies of imported products

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Threonine prices in China were generally stable to marginally lower in recent days. Two major local producers have maintained their offer prices at the level of RMB35.0/kg, with transacted prices generally in the range of RMB34.0-35.0/kg. However, both producers continued to conclude deals with many feed millers in the range of RMB34.5-35.5/kg recently.

Meanwhile, supplies of imported threonine have shown a slight increase of late. The recent weakness in China's livestock production has caused a slight fall in demand. Offer prices of imported threonine were generally at the level of RMB42.0/kg or higher recently. Transacted prices were generally in the range of RMB41.0-41.5/kg, with some major buyers securing supplies at slightly lower prices.

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