Veterinary Feed Ingredients Market Analysis - November 2020

2020-11-06

Veterinary raw materials market analysis

In November, the veterinary raw material market performance was flat, but market expectations were positive, trade channels increased their positions, and market price support was firm.

Recently, florfenicol, acetylmefloquine, tylosin, tylomycin, tilmicosin and other categories are steadily rising; penicillin potassium industrial salt, amoxicillin, calcium carbapyrin, analgin and other categories are expected to be in a high stage of operation for a period of time, and the market is generally expected to be optimistic; doxycycline hydrochloride prices are gradually coming down, while market consumption is fast and the degree of concern is high.

Vitamins


China's domestic vitamin market performance continues to be sluggish, the domestic market is expected to be poor, trade channels from the wait-and-see gradually turned to low-priced shipments, most of the product price range to expand, the low probe.

Some analysts say the current market pattern is due to the previous stage of the market triggered by excessive heat, the actual majority of categories China's domestic capacity is still growing, pre-driven by trade between merchants, downstream demand growth is slow, the average price of market transactions phase down, while the market inventory is heavy, the probability of the fourth quarter is expected to be difficult to pull back opportunities.


Amino Acids


Lysine: China's domestic market quotations increased, 70% of mainstream quotations 5.0-5.4¥/kg, 98% of mainstream quotations 8.4-9.0¥/kg. based on the market for the product price range, and raw material costs rose, downstream channels and factories stocking positive, the market volume rose, the price index is strong upward.

Methionine: market price 16.3-17.0¥/kg. Recently, the downstream demand is weak, the market inventory position is high, the wait-and-see mentality, fewer inquiries, the market price index is stable operation.

Threonine: 9.0-9.8¥/kg, affected by the price increase of upstream raw materials, factories and channels in China are willing to raise prices and raise quotations, the market price index is running strong.