Amino Acid Dynamics in China
Amino acid industry hot topics in 2014:
To clearly describe China's amino acid industry, CCM has collected lots of information in various ways. In this report, development situations of main categories of amino acids have been described in detail, together with prospects from CCM and insiders.
What to report:
In this report, dynamics of China's amino aicds since 2013 have been analyzed exhaustively from the following aspects:
In the next few years, China's lysine and threonine will continue their industry integration. Domestic supply of methionine will increase obviously and the dependence on imported products will be reduced. Minor amino acids will witness rapid growth. On the whole, it’s worth investing in amino acid industry. On the whole, the product structure of China's amino aicds will be more diversified and balanced in the future.
- As many small manufacturers have stopped self-production, China's monosodium glutamate (MSG) is about to complete its industry integration. The market price of MSG has significantly rebounded since mid-2014.
- Manufacturers of lysine and threonine have also cut production since late 2013, and resulted in rebounds in prices of the two products in mid-2014. However, as a large amount of new capacities have been introduced since 2013, manufacturers may face price competition again in the future.
- China and Southeast Asia will turn to be another main producing areas of methionine following the introduction of many new methionine projects. This will greatly improve the unbalance supply pattern of global methionine.
- Minor amino acids are facing rapid development in China due to increasing demand and higher profit margins than bulk products like MSG and lysine.
To clearly describe China's amino acid industry, CCM has collected lots of information in various ways. In this report, development situations of main categories of amino acids have been described in detail, together with prospects from CCM and insiders.
What to report:
In this report, dynamics of China's amino aicds since 2013 have been analyzed exhaustively from the following aspects:
- Expansion usage of amino acids in downstream fields, 2013-H1 2014;
- Industry trends of three main fermented amino acids (MSG, lysine, and threonine) in China, mainly including price trend, capacity change, and production cut, 2013-H1 2014;
- Industry trends of methionine in China, including price trend, supply situation, and capacity expansion, 2013-H1 2014;
- Development of diverse amino acid products in China, including that of minor and rumen protected amino acids, 2013-H1 2014;
- Analysis of China's envioronmental protection policy and its influence on amino acid manufacturers, 2013-H1 2014;
In the next few years, China's lysine and threonine will continue their industry integration. Domestic supply of methionine will increase obviously and the dependence on imported products will be reduced. Minor amino acids will witness rapid growth. On the whole, it’s worth investing in amino acid industry. On the whole, the product structure of China's amino aicds will be more diversified and balanced in the future.
1 OVERVIEW
2 EXPANSION IN DOWNSTREAM APPLICATION
2.1 Feed: Approved Feed Additives (2013) issued by MOA
2.2 Food: Expansion of use approved by NHFPC
3 PROFIT OF BULK FERMENTED AMINO ACID DECLINED
3.1 Upstream and downstream environment
3.1.1 Corn price kept high and saw further rise in Q2 2014
3.1.2 Catering and feed industries in recession since 2013 but saw recovery in Q2 2014
3.2 MSG (and glutamic acid)
3.2.1 Price: dropped in 2013 and rebounded in Q2 2014
3.2.2 Production: domestic integeration about to complete
3.3 Lysine
3.3.1 Price: dropped in 2013 and rebounded in Q2 2014
3.3.2 Production: industry concentration decreased
3.4 Threonine
3.5 Summary and forecast
4 CAPACITY OF CHINA'S METHIONINE INCREASING
4.1 Supply: import decreased in 2013
4.2 Production: capacity increasing in China
4.3 Price: fluctuated since Q4 2013
4.4 Forecast: domestic price to be less affected by import
5 DIVERSE AMINO ACID PRODUCTS DEVELOPING
6 POLICY ON ENVIRONMENTAL PROTECTION BEING REINFORCED
6.1 Environmental protection dynamics
6.2 Influence and forecast
2 EXPANSION IN DOWNSTREAM APPLICATION
2.1 Feed: Approved Feed Additives (2013) issued by MOA
2.2 Food: Expansion of use approved by NHFPC
3 PROFIT OF BULK FERMENTED AMINO ACID DECLINED
3.1 Upstream and downstream environment
3.1.1 Corn price kept high and saw further rise in Q2 2014
3.1.2 Catering and feed industries in recession since 2013 but saw recovery in Q2 2014
3.2 MSG (and glutamic acid)
3.2.1 Price: dropped in 2013 and rebounded in Q2 2014
3.2.2 Production: domestic integeration about to complete
3.3 Lysine
3.3.1 Price: dropped in 2013 and rebounded in Q2 2014
3.3.2 Production: industry concentration decreased
3.4 Threonine
3.5 Summary and forecast
4 CAPACITY OF CHINA'S METHIONINE INCREASING
4.1 Supply: import decreased in 2013
4.2 Production: capacity increasing in China
4.3 Price: fluctuated since Q4 2013
4.4 Forecast: domestic price to be less affected by import
5 DIVERSE AMINO ACID PRODUCTS DEVELOPING
6 POLICY ON ENVIRONMENTAL PROTECTION BEING REINFORCED
6.1 Environmental protection dynamics
6.2 Influence and forecast
LIST OF TABLES
Table 2.1-1 Changes relevant to amino acids in Approved Feed Additives (2013) from 2008 edition
Table 2.2-1 Newly approved amino acid categories and applications in food industry, 2013-Q3 2014
Table 3.2.2-1 Manufactures of monosodium glutamate required to eliminate outdated capacity in China, 2013, 000’t/a
Table 3.3.2-1 Major capacity expansion of lysine in China and overseas markets, 2013-H1 2014
Table 5-1 Performance of high-grade amino acids of Fufeng Group, 2012-H12014
Table 2.1-1 Changes relevant to amino acids in Approved Feed Additives (2013) from 2008 edition
Table 2.2-1 Newly approved amino acid categories and applications in food industry, 2013-Q3 2014
Table 3.2.2-1 Manufactures of monosodium glutamate required to eliminate outdated capacity in China, 2013, 000’t/a
Table 3.3.2-1 Major capacity expansion of lysine in China and overseas markets, 2013-H1 2014
Table 5-1 Performance of high-grade amino acids of Fufeng Group, 2012-H12014
LIST OF FIGURES
Figure 3.1.1-1 Market price of corn in China, Jan. 2009-June 2014
Figure 3.1.2-1 Revenue of China's catering, Q1 2009-Q2 2014
Figure 3.1.2-2 Output of China's commercial feed by volume, 2009-2013
Figure 3.2.1-1 Ex-works price of monosodium glutamate in China, July 2012-May 2014
Figure 3.3.1-1 Ex-works prices of lysine in China, July 2012-June 2014
Figure 3.3.2-1 Export of lysine ester and its salt in China, Jan. 2012-June 2014
Figure 3.4-1 Ex-works price of threonine of Meihua Group, Jan. 2012-Dec. 2013
Figure 4.1-1 Supply of methionine in China, 2013
Figure 4.1-2 Import of methionine in China by month, Jan. 2012-June 2014
Figure 4.3-1 Market price of imported methionine in China, Jan. 2013-June 2014
Figure 3.1.1-1 Market price of corn in China, Jan. 2009-June 2014
Figure 3.1.2-1 Revenue of China's catering, Q1 2009-Q2 2014
Figure 3.1.2-2 Output of China's commercial feed by volume, 2009-2013
Figure 3.2.1-1 Ex-works price of monosodium glutamate in China, July 2012-May 2014
Figure 3.3.1-1 Ex-works prices of lysine in China, July 2012-June 2014
Figure 3.3.2-1 Export of lysine ester and its salt in China, Jan. 2012-June 2014
Figure 3.4-1 Ex-works price of threonine of Meihua Group, Jan. 2012-Dec. 2013
Figure 4.1-1 Supply of methionine in China, 2013
Figure 4.1-2 Import of methionine in China by month, Jan. 2012-June 2014
Figure 4.3-1 Market price of imported methionine in China, Jan. 2013-June 2014
