MSG market continued to be depressed, Plum Group this year focused on the development of other amino acids
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Last Update: 2020-06-30
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Source: Internet
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Author: User
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the month since the holiday, the MSG market remains weakRecently, Meihua Group related people said that the average price of MSG has been relatively low for the past two years, the average price remains at 7000 yuan / ton, the profit margin is very smallZJE
Because the price of MSG in these two years is not ideal, so the company is focusing on the development of other amino acid products, the company's amino acid stake of 30%Compared to MSG's 10% profit margin, the product has a profit margin of 18%, and is more varied, making it easier to adapt to market demandZJE
It is understood that the company's amino acid production capacity continues to expand, Xinjiang amino acid production capacity has been put into production last year; lysine from the original 60,000 tons to 260,000 tons; Susine expanded to 100,000 tons of I-G nucleotides from the original 2500 tons to 10,000 tonsZJE
At present, the domestic demand for MSG is 1.6 million tons, export volume of 20-30 million tons, but the current market capacity of about 2.5 million tons, excess demand, coupled with the market downturn, raw material costs and other factors will continue to squeeze factory profitsZJEmonth after the festival, MSG market is still in a weak stateRecently, Meihua Group related people said that the average price of MSG has been relatively low for the past two years, the average price remains at 7000 yuan / ton, the profit margin is very smallZJE
Because the price of MSG in these two years is not ideal, so the company is focusing on the development of other amino acid products, the company's amino acid stake of 30% Compared to MSG's 10% profit margin, the product has a profit margin of 18%, and is more varied, making it easier to adapt to market demand ZJE
It is understood that the company's amino acid production capacity continues to expand, Xinjiang amino acid production capacity has been put into production last year; lysine from the original 60,000 tons to 260,000 tons; Susine expanded to 100,000 tons of I-G nucleotides from the original 2500 tons to 10,000 tons ZJE
At present, the domestic demand for MSG is 1.6 million tons, export volume of 20-30 000 tons, but the current market capacity of about 2.5 million tons, excess demand, coupled with the market downturn, raw material costs increased and other factors will continue to squeeze manufacturers profits
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