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Methionine market analysis
1. Terminal feed mills have relatively poor enthusiasm for bulk purchasing, and bulk transactions in some areas are mainly based on early orders. Because most terminal feed mills in China purchase in bulk in May 438+10, the methionine inventory of most terminal feed mills can last for one month, and some even last for two months, so their enthusiasm for bulk purchase is generally not high, and their enthusiasm for methionine trading is poor. The reason for the large turnover in some parts of China is that most terminal feed factories mainly execute early orders. Therefore, the transaction price of local methionine market in China is relatively wide.

2. The mainstream methionine suppliers have strong shipping enthusiasm and sufficient supply. It is understood that several major domestic brands of methionine suppliers are highly motivated to ship, and the domestic market is relatively abundant. Under the background of poor enthusiasm of bulk purchasing in terminal feed mills, domestic methionine prices tend to weaken gradually, and the transaction prices in some areas are low.

In the past two months, the international crude oil price has stepped out of a wave of "roller coaster" market. Affected by weak economic data and geopolitical tensions alternately, international oil prices rebounded after the first ten days of 10, and then fell again after the rebound. New york crude oil futures prices have risen and fallen by more than 4% twice a week. In the middle and late June, 10, new york oil price suffered a wave of "five-day losing streak", which made the downward adjustment window open again. However, on 10 year125 October, driven by favorable economic data, the international oil price ended its downward trend for several consecutive trading days and rose sharply. Subsequently, the "changing face" of the weather in Europe and America led to an increase in the demand for heating oil, which once again pushed up the international oil price. Finally, the domestic refined oil price adjustment window failed to open as scheduled in 65438+ 10. 165438+ 10, the international oil price rose for three consecutive trading days in the first week, and then fell sharply for three consecutive trading days. Oil prices in new york and London hit the lowest closing price on August 3 this year; International oil prices once again ushered in a slight rebound. The uncertainty of international oil price is difficult to provide a strong guide to the trend of methionine market.