Amino Acids China E-News
Welcome to the June Issue of Amino Acids China E-News.
This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire amino acid industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the June issue specifically:
Affected by the downturn in downstream demand, domestic methionine and tryptophan prices continued to decline in June and the prices have been declining for 2 and 3 consecutive months, respectively. The price of tryptophan has been at its lowest level this year.
Company dynamics of amino acid:
Jilin Meihua: 300,000 t/a lysine and its complementary project was publicized for an intended approval. The project has a total investment of USD341.3 million (RMB2.17 billion).
LHG: its first phase construction of the new plant is scheduled to start production once the commissioning is completed by the end of July. However, LHG is facing investors' questions about the delayed progress of its private placement proposal and the mismatch between its low share price and high development expectations.
Huaheng Biotech: to inject up to USD39.3 million (RMB250.0 million) for its 16,000 t/a three branched chain amino acids and their derivatives project.
Kelun Pharmaceutical: its chemical drug, Amino Acids (15) Peritoneal Dialysis Solution was recently approved by the National Medical Products Administration for a drug registration.
Omilai Biotechnology: completed the phased environmental acceptance for its 25,000 t/a food additive and series amino acid production line construction project. At present, the company has a total capacity of 20,760 t/a of amino acids.
Dynamics of downstream breeding industry:
As shown by the China Feed Industry Association, in the first five months of this year, China's total feed output increased significantly year-on-year (up 21.5%, compared with an average annual growth rate of 3.8% in the past 10 years), among which the pig feed increased rapidly (up 75.4%);
According to the Ministry of Agriculture, average price of domestic pork has fallen for 19 weeks in a row as of the first week of June. The price is likely to near the break-even point of pig production. Coupled with price hikes of feed raw materials, profits of pig farmers contracted, leading to their unwillingness to expand production.
CP Group, one of China's largest feed producers and pig breeding enterprises, officially disclosed its prospectus and plans to list on the Main Board of the Shanghai Stock Exchange in order to raise up to USD2,359.5 million (RMB15 billion).
Imports and exports:
In April, the import volume of methionine and the export volume of lysine ester and salt both decreased significantly from the previous month by 27.9% and 32.5%, respectively.
DESCRIPTION
Amino Acids China E-News provides you with real-time intelligence on China’s amino acids market.
This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire amino acid industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the June issue specifically:
Affected by the downturn in downstream demand, domestic methionine and tryptophan prices continued to decline in June and the prices have been declining for 2 and 3 consecutive months, respectively. The price of tryptophan has been at its lowest level this year.
Company dynamics of amino acid:
Jilin Meihua: 300,000 t/a lysine and its complementary project was publicized for an intended approval. The project has a total investment of USD341.3 million (RMB2.17 billion).
LHG: its first phase construction of the new plant is scheduled to start production once the commissioning is completed by the end of July. However, LHG is facing investors' questions about the delayed progress of its private placement proposal and the mismatch between its low share price and high development expectations.
Huaheng Biotech: to inject up to USD39.3 million (RMB250.0 million) for its 16,000 t/a three branched chain amino acids and their derivatives project.
Kelun Pharmaceutical: its chemical drug, Amino Acids (15) Peritoneal Dialysis Solution was recently approved by the National Medical Products Administration for a drug registration.
Omilai Biotechnology: completed the phased environmental acceptance for its 25,000 t/a food additive and series amino acid production line construction project. At present, the company has a total capacity of 20,760 t/a of amino acids.
Dynamics of downstream breeding industry:
As shown by the China Feed Industry Association, in the first five months of this year, China's total feed output increased significantly year-on-year (up 21.5%, compared with an average annual growth rate of 3.8% in the past 10 years), among which the pig feed increased rapidly (up 75.4%);
According to the Ministry of Agriculture, average price of domestic pork has fallen for 19 weeks in a row as of the first week of June. The price is likely to near the break-even point of pig production. Coupled with price hikes of feed raw materials, profits of pig farmers contracted, leading to their unwillingness to expand production.
CP Group, one of China's largest feed producers and pig breeding enterprises, officially disclosed its prospectus and plans to list on the Main Board of the Shanghai Stock Exchange in order to raise up to USD2,359.5 million (RMB15 billion).
Imports and exports:
In April, the import volume of methionine and the export volume of lysine ester and salt both decreased significantly from the previous month by 27.9% and 32.5%, respectively.
DESCRIPTION
Amino Acids China E-News provides you with real-time intelligence on China’s amino acids market.
Headline
Editor's Note
Market Dynamics
Profits of domestic pig breeding shrank
Feed industry situation during Jan.–May 2021
Company Developments
Jilin Meihua's lysine project published for intended approval
Risks lurk behind LHG's development
Kelun Pharmaceutical's Amino Acids (15) Peritoneal Dialysis Solution approved for registration CP Group to go public
Omilai Biotechnology's amino acid project achieves phased environmental acceptance Huaheng Biotech to build branched chain amino acids
Price Update
Prices of major amino acids in China, June 2021
Domestic methionine and tryptophan show a momentum of decay
Import and Export Analysis
Imports and exports of selected amino acids in China, April 2021
China's methionine imports and lysine ester and salt exports down in April
News in Brief
Chengyi Pharmaceutical to launch L-aspartic acid new drug
Adisseo (China)'s supply chain completes first bulk export of methionine Yongan Pharmaceutical's subsidiary launches taurine series products
Adisseo awarded "China's Top 500 Brands in 2021"
Lukang Biological's amino acid construction project (Phase II) publicized
Lifecome's private placement approved
China builds up African swine fever vaccine production line
Star Lake Bioscience's Green Health Industrial Park cancelled
Jinkangfeng to build L-lysine and compound amino acids project
15 Chinese pig enterprises with sow inventory over 100,000 heads
Biok expands amino acid production
Aojie Biotechnology to add amino acid surfactants
Price Update
Prices of major amino acids in China, May 2021
Threonine and lysine prices keep falling in May
Import and Export Analysis
Imports and exports of selected amino acids in China, March 2021
Exports of lysine ester and salt and methionine up in Q1
News in Brief
NHU Amino Acid's methionine project for new EIA publicized
Meihua Group's L-Valine passes EU authorisation
National Food Safety Standard Food nutrition enhancer L-tryptophan to be formulated
Jingjing Pharm's profits tumble in 2020
Yongan Pharmaceutical achieves growth in Q1
Guangrui Biological to add glycine, L-lysine hydrochloride and L-alanine production
CJ Group to produce minor amino acids
Yangcheng County to build a fine chemical park
China's feed output keeps growing in April
Jilin Meihua's lysine project (Phase III) on track
Editor's Note
Market Dynamics
Profits of domestic pig breeding shrank
Feed industry situation during Jan.–May 2021
Company Developments
Jilin Meihua's lysine project published for intended approval
Risks lurk behind LHG's development
Kelun Pharmaceutical's Amino Acids (15) Peritoneal Dialysis Solution approved for registration CP Group to go public
Omilai Biotechnology's amino acid project achieves phased environmental acceptance Huaheng Biotech to build branched chain amino acids
Price Update
Prices of major amino acids in China, June 2021
Domestic methionine and tryptophan show a momentum of decay
Import and Export Analysis
Imports and exports of selected amino acids in China, April 2021
China's methionine imports and lysine ester and salt exports down in April
News in Brief
Chengyi Pharmaceutical to launch L-aspartic acid new drug
Adisseo (China)'s supply chain completes first bulk export of methionine Yongan Pharmaceutical's subsidiary launches taurine series products
Adisseo awarded "China's Top 500 Brands in 2021"
Lukang Biological's amino acid construction project (Phase II) publicized
Lifecome's private placement approved
China builds up African swine fever vaccine production line
Star Lake Bioscience's Green Health Industrial Park cancelled
Jinkangfeng to build L-lysine and compound amino acids project
15 Chinese pig enterprises with sow inventory over 100,000 heads
Biok expands amino acid production
Aojie Biotechnology to add amino acid surfactants
Price Update
Prices of major amino acids in China, May 2021
Threonine and lysine prices keep falling in May
Import and Export Analysis
Imports and exports of selected amino acids in China, March 2021
Exports of lysine ester and salt and methionine up in Q1
News in Brief
NHU Amino Acid's methionine project for new EIA publicized
Meihua Group's L-Valine passes EU authorisation
National Food Safety Standard Food nutrition enhancer L-tryptophan to be formulated
Jingjing Pharm's profits tumble in 2020
Yongan Pharmaceutical achieves growth in Q1
Guangrui Biological to add glycine, L-lysine hydrochloride and L-alanine production
CJ Group to produce minor amino acids
Yangcheng County to build a fine chemical park
China's feed output keeps growing in April
Jilin Meihua's lysine project (Phase III) on track
