Amino acid production capacity leaps forward local supply exceeds demand

the change sway of the competition pattern of amino acid industry is affecting its price trend, which may affect the operating conditions of A-share-related listed companies such as Star Lake Technology (600866) and Meihua Group (600873)XHy
At the 2012 China Amino Acids and Feed Raw Materials Application Symposium held recently, Boya hetold senior analyst Liu Xiaofeng said: "Strong demand triggered a new round of production capacity expansion cycle of lysine, lysine future supply and demand is relaxed, to 2015 market demand will reach 2.3 million tons, the next 3 to 4 years supply in a relatively loose state." Previously, the 2011 production capacity expansion vacuum triggered a surge in lysine pricesIf this round of capacity expansion does not occur, supply and demand will be in a tight balance in 2012"
XHyis currently in a period of rapid expansionAccording to the manufacturer's production expansion forecast published in 2011, the global production capacity of Susine will reach 842,000 tons in the next 1 to 2 years, nearly double the capacity growth in 2011, of which China's production capacity will reach 545,000 tonsXHy
At the same time, the supply pattern of Susine will be more dispersed, the current market share of the top 5 manufacturers is 77.71 percent, the concentration compared to 2010 decreased by 4 percentage pointsIn the current competitive landscape, the leading edge of miso is relatively obvious, and the development of Meihua Group is very rapidXHy
Liu Xiaofeng believes that in the long run, Susine will face a situation of oversupply, the current price close to the cost lineSince the cost of corn accounts for 50% of the production cost of susine, it will face the dilemma of high raw material prices but lower product sales prices According to its introduction, at the end of 2011, the susine industry is basically unprofitable, and even some enterprises are in a loss-making state XHy
　　In terms of tryptophan, the global tryptophan manufacturers accelerated their expansion in 2011, the output continued to climb, and the rapid growth of production in the past two years came mainly from China, the competition is unprecedentedly fierce, and now has entered a period of low profits; XHy
　　Regarding the market situation in 2012, Liu Xiaofeng said that the price trend of lysine was not optimistic because the export situation was affected by other regions XHy
　　At the same time, the release of domestic production capacity is to intensify supply pressure, while corn for lysine prices can only play a cost supporting role, lysine 2012 price operating range of 15 yuan to 17 yuan / kg XHy
　　In terms of methionine, 2012 may have been a turning point in the market's near five-year high due to the release of related capacity XHy
　　Data show that in the first half of 2011, Star Lake Technology's sales revenue of sunine and other products accounted for 35.27 percent of its main business income, and in 2011, Meihua Group's amino acid products accounted for 21.52 percent of its main business income XHy the changing competitive landscape of the amino acid industry is affecting its price trend, which may affect the a-share-related listed companies such as Star Lake Technology (600866) and Meihua Group (600873) operating conditions XHy
　　At the 2012 China Amino Acids and Feed Raw Materials Application Symposium held recently, Boya hetold senior analyst Liu Xiaofeng said: "Strong demand triggered a new round of production capacity expansion cycle of lysine, lysine future supply and demand is relaxed, to 2015 market demand will reach 2.3 million tons, the next 3 to 4 years supply in a relatively loose state." Previously, the 2011 production capacity expansion vacuum triggered a surge in lysine prices If this round of capacity expansion does not occur, supply and demand will be in a tight balance in 2012 "
XHy is currently in a period of rapid expansion According to the manufacturer's production expansion forecast published in 2011, the global production capacity of Susine will reach 842,000 tons in the next 1 to 2 years, nearly double the capacity growth in 2011, of which China's production capacity will reach 545,000 tons XHy
　　At the same time, the supply pattern of Susine will be more dispersed, the current market share of the top 5 manufacturers is 77.71 percent, the concentration compared to 2010 decreased by 4 percentage points In the current competitive landscape, the leading edge of miso is relatively obvious, and the development of Meihua Group is very rapid XHy
　　Liu Xiaofeng believes that in the long run, Susine will face a situation of oversupply, the current price close to the cost line Since the cost of corn accounts for 50% of the production cost of susine, it will face the dilemma of high raw material prices but lower product sales prices According to its introduction, at the end of 2011, the susine industry is basically unprofitable, and even some enterprises are in a loss-making state XHy
　　In terms of tryptophan, the global tryptophan manufacturers accelerated their expansion in 2011, the output continued to climb, and the rapid growth of production in the past two years came mainly from China, the competition is unprecedentedly fierce, and now has entered a period of low profits; XHy
　　Regarding the market situation in 2012, Liu Xiaofeng said that the price trend of lysine was not optimistic because the export situation was affected by other regions XHy
　　At the same time, the release of domestic production capacity is to intensify supply pressure, while corn for lysine prices can only play a cost supporting role, lysine 2012 price operating range of 15 yuan to 17 yuan / kg XHy
　　In terms of methionine, 2012 may have been a turning point in the market's near five-year high due to the release of related capacity XHy
　　Data show that in the first half of 2011, Star Lake Technology's sales revenue of sunine and other products accounted for 35.27 percent of its main business income, and in 2011, Meihua Group's amino acid products accounted for 21.52 percent of its main business income XHy