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Recently, the annual reports of listed companies have been released.
wRR China Feed Industry Information Network-Based on feed, serving animal husbandry
The company's three existing production bases are located in Tongliao, Inner Mongolia, Wujiaqu, Xinjiang, and Baicheng, Jilin, all of which are the main producing areas of steam coal and corn in China
The supply of lysine and threonine is dominated by domestic sources, and the decline in prices has led to further squeezing of profit marginswRR China Feed Industry Information Network-Based on feed, serving animal husbandry
The supply of lysine and threonine is dominated by domestic sources, and the decline in prices has led to further squeezing of profit marginsIn 2019, the revenue from the amino acid segment of animal nutrition increased by 25.
wRR China Feed Industry Information Network-Based on feed, serving animal husbandry
In 2019, the global lysine production capacity continued to expand, mainly at home.
In terms of threonine, global threonine production in 2019 was 706,000 tons, and China's threonine production was 636,000 tons, accounting for 90.
In 2019, the Baicheng project with an annual output of 400,000 tons of lysine was fully put into operation, and the market share of lysine increased to 30%wRR China Feed Industry Information Network-Based on feed, serving animal husbandry
In 2019, the Baicheng project with an annual output of 400,000 tons of lysine was fully put into operation, and the market share of lysine increased to 30%The first phase of the 400,000 tons of lysine project and its supporting projects invested by the company in Baicheng, Jilin, have been put into trial operation at the end of 2018
From the perspective of comprehensive production capacity, the company has become one of the largest feed amino acid manufacturers in the world, benefiting from the growth of downstream demand.
During the reporting period, the company hosted two low-protein diet amino acid promotion forums in Baicheng and Chengdu.
In 2019, the output of feed-grade amino acids increased by 50% year-on-year, and the animal nutrition industry tends to be standardizedwRR China Feed Industry Information Network-Based on feed, serving animal husbandry
In 2019, the output of feed-grade amino acids increased by 50% year-on-year, and the animal nutrition industry tends to be standardizedDuring the reporting period, the company's feed amino acid (including lysine, threonine, tryptophan, etc.
wRR China Feed Industry Information Network-Based on feed, serving animal husbandry
With the increasing maturity of production technology and the reduction of production costs, the market competition of amino acid products continues from the domestic market to the international market, and the export market share continues to expand.
In April 2019, the National Development and Reform Commission and relevant departments revised the industrial structure adjustment guidance catalogue and solicited opinions to encourage the production of small varieties of amino acids by fermentation.
Industry concentration will further increase in 2019, and it is expected that the oversupply of amino acids in 2020 may easewRR China Feed Industry Information Network-Based on feed, serving animal husbandry
Industry concentration will further increase in 2019, and it is expected that the oversupply of amino acids in 2020 may easeIn March 2019, the Ministry of Ecology and Environment stated that the central environmental protection inspection work will continue to deepen in the future, and it will take about three years to complete the second round of central environmental protection inspections
In 2019, global amino acid production capacity continued to shift to China.