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 201909

Price of this issue :
USD 98

Published on 30th September, 2019

Published on 30th September, 2019

Published on 30th September, 2019

Published on 30th September, 2019

Published on 30th September, 2019

Published on 30th September, 2019

Published on 30th September, 2019

Published on 30th September, 2019

In July, China's export volume of glutamic acid increased by 54.91% MoM and by 50.63% YoY while export volume of sodium glutamate fell by 9.34% MoM and rose by 27.08% YoY. Compared with sodium glutamate products, glutamic acid products were more concentrated in the export destinations, with the top three destinations receiving more than 80% of China's total export volume.

Published on 30th September, 2019

In September, price of methionine rose slightly owing to the manufacturers' pricing. Average price of liquid methionine of the month was USD2,468.86/t (RMB17,500.00/t), up by 2.94% MoM; average price of solid methionine was USD2,525.29/t (RMB17,900.00/t), up by 3.65% MoM. In the long term, the import & export and the new capacity will be two key factors affecting China's methionine market.

Published on 30th September, 2019

Published on 30th September, 2019

Published on 30th September, 2019

On 5 September, Hubei Xingfa published a notice on the public issue of 2019 corporate bonds (Phase II) for qualified investors. And the funds raised will be used for the adjustment of debt structure to meet the medium and long-term capital demand of the company. The notice also discloses the company's revenues in recent three years and the production situation of glycine.

Published on 30th September, 2019

In H1 2019, Wuxi Jinghai achieved revenue of USD13.53 million (RMB95.88 million), up by 12.95% YoY, and made net profit of USD10.16 million (RMB72.01 million), up by 4,077.99% YoY. The reason for the increase in revenue was that some customers placed orders in advance to avoid higher tariffs under the uncertainty of Sino-US trade war. And the significant growth in net profit occurred after the company adjusted its business strategies.

Published on 30th September, 2019

Global Bio-chem released the interim report on 12 September, explaining that revenue in H1 2019 fell by 4.6% YoY to USD357.59 million (HKD2.80 billion), and gross profit and gross profit margin dropped by 68.0% and 3.8 percentage points respectively. Decline in revenue was mainly due to the decrease in sales of downstream lysine and sweetener products; decrease in gross profit and gross margin was affected by both upstream and downstream factors.

Published on 30th September, 2019

On 20 Sept., 9 cities of Sichuan Province (Meishan, Chengdu, Guang'an, Leshan, Luzhou, Guangyuan, Yibin, Neijiang, and Zigong) all commenced their large-scale pig breeding projects.

Published on 30th September, 2019

Owing to sluggish demand from the downstream breeding industry, new corn's coming into the market, low transaction rate of stockpile auctions, the price of corn remains at low level recently, which is unable to support the prices of lysine, threonine and tryptophan.

Published on 30th September, 2019

Currently, China still faces severe ASF outbreaks. In this case, the NDRC and the MOA have introduced some measures to maintain stable pig production in a bid to guarantee people's living needs. 

Published on 16th September, 2019

In late August, Yong'an Pharmaceutical published its semi-annual report in 2019, saying that during the reporting period, Yong'an Pharmaceutical's revenue was USD91.00 million (RMB645.00 million), up by 27.19% YoY, and the net profit owned by the shareholders of listed company of USD4.67 million (RMB33.11 million), down by 68.77% YoY. Decline in profit was due to negative factors from the market and external environment. And in H2 2019, Yong'an Pharmaceutical will still face many risks.

Published on 16th September, 2019

On 31 August, Weixinkang announced that its wholly-owned subsidiary, Baiyi Pharmaceutical, had received a Certificate of GMP issued by the MPA of Inner Mongolia. The certificate is related to the products including Acetylcysteine Solution for Inhalation, potassium aspartate and magnesium aspartate.

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