Amino Acids China Monthly Report

Welcome to the Nov. issue of Amino Acids China E-News.

Company dynamics

• MeiHua Group's increased by 141.1% YoY in Q3 2025.
• NHU's net profit decreased by 3.8% YoY in Q3 2025.

• Bluestar Adisseo's net profit decreased by 36.8% YoY in Q3 2025.

Project Progress

• The EI report for Yangcheng Biotechnology's food-grade amino acids and derivatives project was accepted.
• The EI report for Inner Mongolia Hengtong's small variety amino acid industrial base project was accepted.
• The EI report for Liaocheng CJ's amino acids expansion project was publicized.

Governmental Direction

• On 31 Oct., NLS released the Guidance on Developing Low-Protein, Low-Soybean Meal, and Diversified Feed Formulations for Key Livestock and Poultry.
• On 24 Oct., CBFIA released the draft national standard Guiding Rules for the Classification of Amino Acid Products.

Price

In Nov., lysine prices fell sharply again, with the 98.5% grade plummeting 43% YoY and the 70.5% grade down 17.5%.

Import and Export

In Oct. 2025, glutamic acid export volume fell by 21.08% MoM, while the import volume down by 33.10% MoM.

Reminders

• The USD/CNY exchange rate in this newsletter is USD1.00=CNY7.0867, which was sourced from the People's Bank of China on 3 Nov., 2025. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
• In this newsletter, the variance rates (MoM, QoQ, YoY, etc.) of all figures that involve RMB/USD conversion (prices, sales values, costs, etc.) are calculated with pre-conversion RMB prices/values, except for the figures in Import and Export column.