January 12, 2021

China Threonine: Climbing output costs lift prices (week ended Jan 11, 2021)

Threonine prices surged further as the costs of production increased amid soaring record-breaking corn costs. Buyers placed orders eagerly in efforts to secure threonine supplies.
Export prices surged to US$1.38/kg.
With corn prices in the record-breaking mode, threonine producers are set to stand firm. Demand will remain robust as overseas and local buyers expand stockpiles while the epidemic situation in China worsens.
Full version of the report is available at https://spoutinfo.com/market-forecast-detail/29/32/327/2779


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