August 10, 2022
China Threonine: Market weakens amid plentiful availability (week ended Aug 8, 2022)
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Threonine sales remained flat as feed producers were not eager to stock inventories. Although several producers halted operation for routine maintenance in July and August, supplies of threonine remained abundant, hence exerting pressure on the market.
June exports of threonine totalled 39,270 tonnes, falling 24% on-month and 3.2% on-year.
Export prices of threonine softened to US$1.32/kg.
Transacted prices of local threonine products decreased to the range of RMB8.84-9.80/kg.
Prices of imported threonine products dropped to RMB9.80/kg.
Sales of threonine are likely to improve with Mid-autumn Festival approaching. Nevertheless, ample supplies of threonine will limit the upward scope of threonine market.
Full version of the report is available at https://spoutinfo.com/market-forecast-detail/29/32/327/4302
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