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Amino Acids China E-News
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Main Content of
Amino Acids China E-News 201909
Price of this issue :
USD
98
Xinjiang Runlai’s project of 45,000 t/a raw material for green feed
Published on 30
th
September, 2019
Star Lake Bioscience to increase capital of its subsidiary
Published on 30
th
September, 2019
Hulun Buir Fufeng’s several amino acid projects put into operation
Published on 30
th
September, 2019
Inner Mongolia Fufeng to improve factories environment in depth
Published on 30
th
September, 2019
COFCO Biochemical publishes its semi-annual report
Published on 30
th
September, 2019
Zhejiang Hugeleaf’s tryptophan falls in price in H1
Published on 30
th
September, 2019
Imports and exports of selected amino acids in China, July 2019
Published on 30
th
September, 2019
Export volume of glutamic acid and sodium glutamate rise YoY in July
Published on 30
th
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.
Manufacturers raise methionine prices actively in Sept.
Published on 30
th
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.
Double publication of Chelota’s project
Published on 30
th
September, 2019
Ex-works prices of major amino acids in China, September 2019
Published on 30
th
September, 2019
Hubei Xingfa to issue corporate bonds publicly
Published on 30
th
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.
Wuxi Jinghai’s net profit rises significantly in H1
Published on 30
th
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.
Global Bio-chem falls in revenue and gross profit in H1
Published on 30
th
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.
Sichuan commences 13 large-scale pig breeding projects
Published on 30
th
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.
Price of corn staying low due to upstream and downstream factors
Published on 30
th
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.
NDRC and MOA’s measures to stabilise pig supplies
Published on 30
th
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.
Yong'an Pharmaceutical suffers great decline in net profit in H1
Published on 16
th
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.
Weixinkang's subsidiary gains Certificate of GMP of amino acid products
Published on 16
th
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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