Amino Acids China E-News

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  Amino Acids China E-News provides you with real-time intelligence on China's amino acids market.
   
  China has rapidly emerged as a leading producer of amino acids in recent years thanks to increasing demand from the country's feed and pharmaceuticals markets. However, competition in the industry is shifting as producers battle to upgrade their production technology to comply with strict new environmental regulations and create higher-margin pharmaceutical-grade products.
   
  Amino Acids China E-News 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. This includes:
      
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Main Content of Amino Acids China E-News 202004

Price of this issue :
USD 259

Published on 30th April, 2020

Published on 30th April, 2020

Published on 30th April, 2020

On 18 March, Haid Group publicly issued convertible bonds to raise at most USD399.9 million (RMB2.83 billion) to invest in 15 its new feed projects, with an additional capacity of 4.56 million t/a.

Published on 30th April, 2020

In order to implement the policies requiring all growth-promoting medicated feed additives (traditional Chinese medicine excluded) out of market, Sichuan Province decided to launch a 40-day policy advocacy campaign and a two-month special inspection.

Published on 30th April, 2020

Due to a supply shortage and limited import in methionine, plus delivery delay of manufacturers, domestic methionine supply enterprises inflated methionine price. As a result, methionine price continued to rise in April. And there is still plenty of room for further rises. In the short term, prices will remain high and it is likely to rise.

Published on 30th April, 2020

On 27 March, NHU issued a notice that the company had approved the Proposal on Increasing Capital to NHU Amino Acid by Raising Funds. NHU agreed to invest part of its raised funds into its wholly-owned subsidiary——NHU Amino Acidto to ensure its smooth implementation of the 25,000 t/a methionine project. After the capital increase, the registered capital of NHU Amino Acid will come up to USD117.30 million (RMB0.83 billion).

Published on 30th April, 2020

Published on 30th April, 2020

On 16 April, Meihua Group released its annual report for 2019, which showed that the company achieved revenues of USD2,055.90 million (RMB14.55 billion), up by 15.10% YoY. Its net profit reached USD139.90 million (RMB 0.99 billion), down by 1.30% YoY and gross margin was 22.60%, decreased by 2.30 percentage points.

Published on 30th April, 2020

Due to serious outbreak of COVID-19 during Jan. to Feb., China imposed strict restriction on operation, resulting to a shrinking demand for feed. Methionine, one of the main components of feed, was significantly affected. From Jan. to Feb. in 2020, methionine's import volume decreased by 15.4% compared with that from Nov. to Dec. in 2019. Please noted that data for Jan. and Feb. will no longer be published separately since 2020, according to China Customs.

Published on 30th April, 2020

On 31 March, Fufeng Group released its 2019 annual performance, showing a revenue growth of 17.5% YoY. MSG, starch sweetener and lysine were key contributor, especially MSG which saw increases in average selling price and sales volume.

Published on 29th April, 2020

On 31 March, New Hope published its annual report for 2019, which showed that the year saw solid growth in revenues and net profits, especially in net profits, which increased by 195.8% YoY. Under the sustained influences of ASF in 2019, domestic feed production declined 3.7% YoY while New Hope's feed sales increased by 7.6% to 18.72 million tonnes.

Published on 29th April, 2020

Published on 29th April, 2020

Published on 29th April, 2020

Published on 29th April, 2020

Published on 29th April, 2020

Published on 28th April, 2020

Published on 25th April, 2020

Published on 25th April, 2020

Published on 25th April, 2020

Published on 23rd April, 2020

On 8 April, China Starch officially released its 2019 annual report, and the company achieved annual revenues of USD953.80 million (RMB6.75 billion), up by 33.10% YoY. Net profits reached USD13.70 million (RMB96.85 million), a significant drop of 58.10% YoY. In addition, construction of the company's new lysine production base has approached completion by the end of 2019 and it is expected to be put into operation in H1 2020, with its lysine capacity up to 300,000 t/a.

Published on 15th April, 2020

on 26 March, Global Bio-chem Technology released a report showing that its revenues in 2019 dropped dramatically, which was mainly attributed to the tremendous decline in amino acid revenue caused by the shutdown of its factories. While the company's liabilities grew, it's net profit continued to be in the red this year, with amino acids recording a gross loss. The USD/HKD exchange rate in this article is USD1.00= HKD 7.7517 on 9, April, 2020, sourced from Hexun.com.

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