Threonine and valine remain firm in China and Europe

In partnership with Feed Additive Prices

Lysine

The market feels very calm and in most regions, there is not a huge interest yet to contract volumes ahead for Q3. There are already contracts in place for Q2 that were closed in previous weeks and it has become quiet, at least for now. FOB China prices are mostly stable again.

Threonine

There is an ongoing attempt by Chinese manufacturers to increase prices, another attempt is seen again this week. It has led to some additional buying in several regions for Q2, as the price is low and it is believed that it is unlikely that the price will decline much more for Q2/early Q3 deliveries. So, a somewhat more bullish tone for the short term anyway. There is a bit of interest in Q3.

DL-Methionine

Slightly weaker spot prices were reported in some regions, but no significant changes are seen compared to last week. The methionine market is very quiet. Q2 has been contracted, and prices have stabilised at a relatively low level. Although, as said, a cent/kg of decline here and there is mentioned.

Tryptophan

There seems to be some sales pressure ex China, as prices have weakened on a FOB China basis. Now also the price in Europe is showing some decline, although marginal. The current demand for tryptophan is behind compared to previous years. In some other regions, prices are still stable, slight decline here and there but nothing significant. The market feels very quiet and is well contracted for Q2 and there are no signs of any interest for Q3 right now.

Valine

Some delays are still seen for material shipped ex China to the regions. According to one of the main manufacturers in China they are having some issues in their production plant, which has led to a delay of the April shipment ex China. The Western suppliers maintain stable to firm on their prices and are said to be relatively tight on their availability. Q2 is mostly contracted by now.