January 12, 2021
China Threonine: Climbing output costs lift prices (week ended Jan 11, 2021)
Threonine prices surged further as the costs of production increased amid soaring record-breaking corn costs. Buyers placed orders eagerly in efforts to secure threonine supplies.
Export prices surged to US$1.38/kg.
With corn prices in the record-breaking mode, threonine producers are set to stand firm. Demand will remain robust as overseas and local buyers expand stockpiles while the epidemic situation in China worsens.
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