Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

December 6, 2016
 
Threonine prices rebound in China on tight availability
 
An eFeedLink Exclusive 
        
 
Prices moved higher.
 

Prices of local threonine in China (RMB/kg)

Price quotes as of Oct 20

Price quotes as of Nov 28

Price Changes 

8.70-9.70

11.80-12.80

3.10

Prices are representative and for reference only.
RMB1= US$0.1453 (Dec 6)

 
Threonine prices surged during late November, as export demand was firm with renminbi weakening. Several producers who had limited stocks to offer halted price release over the month. One major producer lifted price quotes to RMB13.50/kg.
 
Meanwhile, deliveries of the product were delayed as transportation schedules were tight.
 
In Europe, price quotes of Chinese products after tax were at EUR1.40-1.45/kg.
 
Threonine market is expected to stay firm with export demand robust and supplies tight. However, after the recent price hikes, buyers will turn cautious and limit buying.
 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read