One price a day, methionine to release themselves to when?

recently methionine market haze swept a red elephant, the market is active, price jumping rise, the current fixed egg market price sourcing at 23.5-25 yuan / kg (see figure below), compared to last week rose 5 yuan / kg, up 30%In recent months, the positive factors continue, crude oil prices rebound, shipping costs rise, Ningxia Purple Light, new and into manufacturers for a long time to stop production, domestic spot supply tight, although in the production capacity continued to expand, October 17 win-breaking price increase to 21.5 yuan / kg but like lighting dry wood that fire, so that the recent methionine market release self! The question comes, will the rally last, how much impact will the Rhine river level fall, what is the change in the current supply and demand side, and where will the methionine market go?tqz
Tqzthe decline of the Rhine River level affectgeometrytqzrecently two messages brushed through the circle of friends, one is BASF announced that acrylic production encountered force majeure, the other is Evonik raw materials to reduce the shortage, logistics constraints, the two companies involved in upstream raw materials For propylene, the cause is the decline of the Rhine River level, it is understood that due to the drought weather in Europe, the Rhine River level has dropped significantly since August, resulting in a recent surge in shipping costs, barge rate fell below 50%, of which the most affected is Ludwigshafen, GermanyTherefore, it is estimated that from August to October this year, China's egg imports from Evonik's European factories have decreasedtqz
Evonik methionine plant is located in Belgium, Germany, Singapore, china's imports of Win-Born methionine in 2017 was 938.7 million tons, of which about 54.7% from Singapore, 41.97 percent from Belgium, 3.33% from Germany, is expected to be significantly lower in the fourth quarter of China's win-breaking egg in Germany imports or decrease (good amount), in Belgium or a certain decline in supply in SingaporeSumitomo's new capacity will be released to supplement domestic imports, follow-up need to pay attention to the import of methionine and the European methionine market dynamicstqz
Global methionine production capacity continued to expandtqzin recent years the global methionine production capacity continued to expand, the original manufacturers expand production, Shijie, new and into, supply expansion growth has far exceeded the average annual demand growth rate of 6%, and expansion is mainly concentrated in Asia, which is also reflected in the price trend (see chart above), since 2016 China's methionine market price has been on going on Brush a new low, and in August 2018 brushout a record low, solid eggs per kilogram of 178 yuan, equivalent to last year's liquid egg price! The old saying is that the market trend, fall for a long time will rise, rise and fall for a long time, but in the capacity expansion, price downturn for a long time, easy to relax vigilance, this wave of rebound came so quickly so direct!tqz
Tqzdomestic manufacturers plan to resume work in the near futuretqzthe downward cycle, cost control is the most core competitiveness to resist risk, imports by virtue of technological advantages, bear market can resist energy profit, according to Andesu 2018 semi-annual report disclosed that animal functional productgross profit decreased year-on-year, but can maintain more than 30% high level, and domestic production costs are relatively high, estimated to be 20 yuan 2018 has two months to pass, new and into the beginning of September began maintenance, stop production nearly two months, Ningxia Ziguang technical reform overhaul, stop production nearly three months, domestic manufacturers plan to resume work in the near future, the specific resumption of work time is concerned!tqzSumitomo added 100,000 tons of new capacity for trial productiontqz2018 global production capacity reached 1.865 million tons, an increase of 170,000 tons, compared with 2017, the proportion of methionine manufacturers in 2018 changed (see figure below), of which Andisu Europe platform expanded capacity of 50,000 tons, Nanjing plant 150,000 tons of production capacity in 2018 Medium-term increase to 170,000 tons, this year's production capacity ratio increased from 23% to 25%, Sumitomo in Japan's Aishiyama Plant added 100,000 tons of production capacity, after several recent trial operations, the new production line will be commercial production, the annual total output can reach 250,000 tons, the production capacity ratio increased from 9% to 14%, because Andisu, Sumitomo ratio increased, 2018 Win-Win production capacity fell to 31%tqz
tqzplans to increase production capacitytqz2018-2021 global methionine production capacity will continue to expand, including Evonik's second phase of myonine project in Singapore with an annual production capacity of 150,000 tons, scheduled to start production in the first half of 2019, the new plant will increase Evonik's annual production capacity in Asia to 300,000 tons, and global production capacity will increase to 730,000 tonsIn 2019, Evonik's share of production capacity will rebound and sit firmly in the largest position of production capacity(see figure below) Tqz tqz domestic demand for methionine to good tqz in poultry diet, methionine is the first restrictive amino acid, involved in the synthesis of epinephrine, choline, creatine in the machine Affected by the sharp decline in the import volume of chickens in recent years, this year's poultry industry chain benefits are considerable, according to Huitong statistics, as of October 25, white feather chicken 9.17 yuan / kg, broiler 5.13 yuan / kg, eggs 8.27 yuan / kg, after the National Day egg price sources rise, the current average price per kilogram more than 4 yuan, and the chicken market supply and demand continued to improve, the largest domestic white feather chicken farming enterprises in the past three years In the announcement, net profit attributable to shareholders of listed companies in the January-September 2018 period is expected to be RMB800 million-810 million, an increase of 230.13% to 234.26% over the same period last year Poultry profits are better in favor of methionine demand tqz
　　Under the trade war, China's soybean meal prices rose significantly, recently China Feed Industry Association drafted "piglets, grow fattening pigs with feed", egg chicken, broiler with feed 2 association group standards, open consultation, the association group standards clearly pointed out that China's feed resources shortage, protein feed long-term dependence on imports, with the development of low-protein daily grain preparation technology, in the reasonable addition of amino acids and enzyme preparations, with the raw protein level can be significantly reduced, can be reduced by reducing the amount of raw materials The new standard adds the upper limit of crude protein in pig feed, and the trend of low-protein diet gradually popularizing is conducive to methionine demand tqz
　　In summary, the domestic methionine demand to good, by domestic manufacturers stop production and win-create supply contraction, the market spot supply is tight, short-term strong situation, and domestic manufacturers plan to resume work in the near future, as well as Sumitomo 100,000 new capacity gradually released, inhibit the rebound space, long-term supply pressure, the follow-up need to pay attention to the import side and domestic re-engineering situation tqz recently methionine market haze to sweep a red elephant, the market is active in the purchase and sale, price jumping up, the current solid egg market price in 23.5-25 yuan / kg (see figure below), compared to last week's rise of about 5 yuan / kg, up 30% In recent months, the positive factors continue, crude oil prices rebound, shipping costs rise, Ningxia Purple Light, new and into manufacturers for a long time to stop production, domestic spot supply tight, although in the production capacity continued to expand, October 17 win-breaking price increase to 21.5 yuan / kg but like lighting dry wood that fire, so that the recent methionine market release self! The question comes, will the rally last, how much impact will the Rhine river level fall, what is the change in the current supply and demand side, and where will the methionine market go? tqz
Tqz the decline of the Rhine River level affectgeometry tqz recently two messages brushed through the circle of friends, one is BASF announced that acrylic production encountered force majeure, the other is Evonik raw materials to reduce the shortage, logistics constraints, the two companies involved in upstream raw materials For propylene, the cause is the decline of the Rhine River level, it is understood that due to the drought weather in Europe, the Rhine River level has dropped significantly since August, resulting in a recent surge in shipping costs, barge rate fell below 50%, of which the most affected is Ludwigshafen, Germany Therefore, it is estimated that from August to October this year, China's egg imports from Evonik's European factories have decreased tqz
　　Evonik methionine plant is located in Belgium, Germany, Singapore, china's imports of Win-Born methionine in 2017 was 938.7 million tons, of which about 54.7% from Singapore, 41.97 percent from Belgium, 3.33% from Germany, is expected to be significantly lower in the fourth quarter of China's win-breaking egg in Germany imports or decrease (good amount), in Belgium or a certain decline in supply in Singapore Sumitomo's new capacity will be released to supplement domestic imports, follow-up need to pay attention to the import of methionine and the European methionine market dynamics tqz
　　Global methionine production capacity continued to expand tqz in recent years the global methionine production capacity continued to expand, the original manufacturers expand production, Shijie, new and into, supply expansion growth has far exceeded the average annual demand growth rate of 6%, and expansion is mainly concentrated in Asia, which is also reflected in the price trend (see chart above), since 2016 China's methionine market price has been on going on Brush a new low, and in August 2018 brushout a record low, solid eggs per kilogram of 178 yuan, equivalent to last year's liquid egg price! The old saying is that the market trend, fall for a long time will rise, rise and fall for a long time, but in the capacity expansion, price downturn for a long time, easy to relax vigilance, this wave of rebound came so quickly so direct! tqz
Tqz domestic manufacturers plan to resume work in the near future tqz the downward cycle, cost control is the most core competitiveness to resist risk, imports by virtue of technological advantages, bear market can resist energy profit, according to Andesu 2018 semi-annual report disclosed that animal functional productgross profit decreased year-on-year, but can maintain more than 30% high level, and domestic production costs are relatively high, estimated to be 20 yuan 2018 has two months to pass, new and into the beginning of September began maintenance, stop production nearly two months, Ningxia Ziguang technical reform overhaul, stop production nearly three months, domestic manufacturers plan to resume work in the near future, the specific resumption of work time is concerned! tqz Sumitomo added 100,000 tons of new capacity for trial production tqz 2018 global production capacity reached 1.865 million tons, an increase of 170,000 tons, compared with 2017, the proportion of methionine manufacturers in 2018 changed (see figure below), of which Andisu Europe platform expanded capacity of 50,000 tons, Nanjing plant 150,000 tons of production capacity in 2018 Medium-term increase to 170,000 tons, this year's production capacity ratio increased from 23% to 25%, Sumitomo in Japan's Aishiyama Plant added 100,000 tons of production capacity, after several recent trial operations, the new production line will be commercial production, the annual total output can reach 250,000 tons, the production capacity ratio increased from 9% to 14%, because Andisu, Sumitomo ratio increased, 2018 Win-Win production capacity fell to 31% tqz
tqz plans to increase production capacity tqz 2018-2021 global methionine production capacity will continue to expand, including Evonik's second phase of myonine project in Singapore with an annual production capacity of 150,000 tons, scheduled to start production in the first half of 2019, the new plant will increase Evonik's annual production capacity in Asia to 300,000 tons, and global production capacity will increase to 730,000 tons In 2019, Evonik's share of production capacity will rebound and sit firmly in the largest position of production capacity (see figure below) Tqz tqz domestic demand for methionine to good tqz in poultry diet, methionine is the first restrictive amino acid, involved in the synthesis of epinephrine, choline, creatine in the machine Affected by the sharp decline in the import volume of chickens in recent years, this year's poultry industry chain benefits are considerable, according to Huitong statistics, as of October 25, white feather chicken 9.17 yuan / kg, broiler 5.13 yuan / kg, eggs 8.27 yuan / kg, after the National Day egg price sources rise, the current average price per kilogram more than 4 yuan, and the chicken market supply and demand continued to improve, the largest domestic white feather chicken farming enterprises in the past three years In the announcement, net profit attributable to shareholders of listed companies in the January-September 2018 period is expected to be RMB800 million-810 million, an increase of 230.13% to 234.26% over the same period last year Poultry profits are better in favor of methionine demand tqz
　　Under the trade war, China's soybean meal prices rose significantly, recently China Feed Industry Association drafted "piglets, grow fattening pigs with feed", egg chicken, broiler with feed 2 association group standards, open consultation, the association group standards clearly pointed out that China's feed resources shortage, protein feed long-term dependence on imports, with the development of low-protein daily grain preparation technology, in the reasonable addition of amino acids and enzyme preparations, with the raw protein level can be significantly reduced, can be reduced by reducing the amount of raw materials The new standard adds the upper limit of crude protein in pig feed, and the trend of low-protein diet gradually popularizing is conducive to methionine demand tqz
　　In summary, the domestic methionine demand to good, by domestic manufacturers stop production and win-create supply contraction, the market spot supply is tight, short-term strong situation, and domestic manufacturers plan to resume work in the near future, as well as Sumitomo 100,000 new capacity gradually released, inhibit the rebound space, long-term supply pressure, the follow-up need to pay attention to the import side and domestic re-engineering situation tqz