The price of 5-hydroxytryptophan rose and fell, setting a record in the planting Market
-
Last Update: 2010-09-27
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
From the second half of last year to this year, the plant extract industry witnessed the ups and downs of 5-HTP (5-hydroxytryptophan) In recent years, the market price of all plant extracts has changed the most In the second half of 2009, due to the continuous growth of international market demand and the shortage of 5-HTP raw materials for nearly two years, the price of 5-hydroxytryptophan produced by China, as the main supplier of 5-HTP, began to rise month by month, rising from 2200 yuan / kg all the way to the current export price of 1300 US dollars per kilogram But in June this year, it officially fell below 3000 yuan / kg The purchaser successfully reduced the price of 5-HTP raw materials from a relatively single source, mainly from Ghana seeds in Africa Around the Spring Festival of 2010, Ghana seeds in the African market staged a good fight by Chinese purchasers, which eventually raised the price of raw materials for Ghana seeds several times higher than that of previous years Therefore, enterprises began to increase the risk of rising costs Then in 2010, the game between domestic 5-HTP suppliers and purchasers began The result of the game is that since February this year, the purchase price of international 5-HTP buyers has dropped to the level of $500 / kg However, such international transaction information began to cause the decline of the market price of 5-HTP in China In April this year, the price of 5-HTP in the domestic market was 3400 yuan / kg The quotation in May was stable at 3300 yuan / kg In June, it officially fell below 3000 yuan / kg It is not easy to maintain the quotation at 2500 yuan / kg It is understood that June to July this year is the downturn period of 5-HTP The market price per kilogram is 2100-2200 yuan There are few international market orders and few domestic trade enterprises "In fact, such a price is meaningless Since there is no demand, the people who offer may not really have goods," the industry said It has to be said that the pressure of middlemen on the market has also created obstacles for production enterprises to a certain extent According to the information of plant extraction industry information network, at present, the price of 5-HTP has not been completely stabilized, as for when to stabilize the enterprise, there is no clear answer However, most domestic enterprises said that the application of 5-HTP as an antidepressant and sleep improving ingredient in Europe and the United States has gradually expanded This may also be the reason why enterprises have been insisting It will take time to restore the virtuous circle It is encouraging that the market of 5-HTP is showing signs of recovery September and October are the golden period of China's 5-HTP sales According to the Convention, the international supplement manufacturers will carry out the procurement of raw materials in the fourth quarter or even in the next year from September Although there is some uncertainty in this recovery, domestic suppliers generally believe that China's 5-HTP market may improve in October and gradually enter the sales peak season But the question is, how much can the sales price recover under the mutual pressure of enterprises this year? At the same time, under such high cost pressure, how to guarantee the profit space of enterprises? According to the plant extraction industry information network, in previous years, the harvest price of seeds in Ghana was mostly 5-6 USD / kg, and the maximum price was no more than 10 USD / kg However, due to the drought of the previous year and the harvest of last year, many purchasers rushed to Ghana to purchase raw materials and bid up the prices of each other As a result, the prices of seeds in Ghana doubled, reaching up to $25 per kilogram According to the insiders, although Africa's economy is not as developed as China's, it is much more united than China's, and its life philosophy is different When the price is too low, they are reluctant to sell It is understood that the purchase cost of seeds in Ghana for most enterprises this year is about 20 US dollars per kilogram, and the price of 5-HTP in normal years is about 2500 yuan per kilogram Industry insiders said: "the adjustment of 5-HTP price still needs a process, and the fall of Ghana seed price also needs a process, and it also needs a process to restore the virtuous circle of purchase, processing and trade, which is about 1-2 years." How to protect the interests of domestic enterprises in the absence of the role of the association? When asked if the enterprise has the idea of establishing 5-HTP Association, the enterprise mostly negates without thinking: "that's impossible, it's too difficult in China." In fact, there are only four or five large enterprises capable of supplying 5-HTP at home, while most of the foreign 5-HTP are from China What is "too difficult"? Industry insiders said that the entry threshold of domestic plant extract industry is too low, and disordered competition in the market is inevitable "Even in turbulent times, we hope to have a unified association to coordinate, but as soon as we enter the peace period, the idea of mergers and runs between enterprises, big fish eating small fish will be ready to move, and everyone wants to be the only one, let alone the power among enterprises is not balanced." The person said frankly In contrast, Japan's natural extract industry associations play a much larger role Even if there are only five or six enterprises in the production of a single variety with more market potential, it is very easy to form a single variety Association in order to ensure the quality and continuous supply, and the association's help to enterprises is also very effective In this regard, some enterprises also said that it is possible to establish associations The key issues are how to manage, how to formulate rules and how to ensure the mutual restraint between enterprises These seem to have been the problems that have plagued the plant extract production enterprises.
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.