Value of methionine
From mid-March to mid-April 2021, the value of methionine on the Russian market climbed by 15%. Nonetheless, when put next with the identical interval of the earlier 12 months, it decreased by 12% to €3.5 per kilogram, Feedlot estimated.
The worth for threonine elevated by 6.2% on month-to-month comparability. However decreased by 0.9% on year-to-year comparability to €1.68.
Lysine has fallen in value by 1.2% and 9.3% 12 months to €2.52 per kilogram.
“World prices for lysine show a slight downward trend, especially noticeable in the EU market, where they dropped by 12% during the last month, which is associated with a slight decrease in world prices for corn – one of the main components for lysine production,” Savkina mentioned
“Besides, the markets are looking forward to the implementation of the Meihua and Yuxing Biological projects, which are expected to add 500,000 tonnes of lysine production capacity per year,” she added.
Tryptophan costs rally
The worth for tryptophan in Russia jumped by 25.6% over the past months and by 61.5% within the earlier 12 months, Feedlot estimated. This value rally has been seen towards the backdrop of rising costs in March 2021 in China and Indonesia – the main suppliers of this amino acid to the Russian market.
Feed nutritional vitamins costs achieve reduction from decrease sea freight prices
On the feed nutritional vitamins market, some value reduction has been observed. To some extent, that is related to a lower in the price of sea freight, in addition to the tip of the Suez Canal blockage, Savkina mentioned.
As an illustration, vitamin A1000 is offered in Russia at a mean value of €98 per kilogram, which is 4.9% greater than a month in the past, however 7.2% decrease than a 12 months in the past, Savkina mentioned.
The worth for vitamin B2 exhibits a downward development each in Russia and the EU international locations. Over the month, the value of vitamin B2 in Russia decreased by 19.0% and amounted to €16.9 per kilogram, whereas within the EU international locations, it fell by 10.3% to €12.3 per kilogram.
In Russia, the value of feed vitamin D3 in the marketplace is €21.4, which is 70.7% decrease than a 12 months in the past. The worth of vitamin E on the Russian market ranges from €8.8 to €10.8 s per kilogram. On common, the value of vitamin E dropped by 11% in the course of the previous 12 months globally, Savkina added.