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Valine Pricing Trend and Forecast Professional

1 year ago Services New York City   33 views

$ --

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Location: New York City
Price: $ --

During the third quarter of 2022, Valine Price in North American region showed conflicting sentiments. Valine was among many amino acids whose imports into the US were severely restricted as a result of China's zero-tolerance policy, which caused lockdowns to occur on and off. Due to the heat wave and a power shortage, many Chinese manufacturing facilities had to shut down in the second half of Q3, which had a detrimental impact on the US trade and downstream demand. Inflation, supply shortages, and the country's high-interest rates were just a few of the issues the market experts cited as contributing to the United States' declining demand. Food grade and feed grade figures from CFR New York were put together at $4758 per MT and $3960 per MT at the September end. 

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