Country:China (Mainland)
Year Established: 2002Business type: Manufacturers
Integral:
L-Serine industry is one kind of capital intensive industry, with large costs in investment and long recycling period in engineering construction, and the production capacity has discontinuity. It is easy to cause the supply and demand imbalances and then give rise to the cyclical volatility in development of L-Serine industry. This always features in the price fluctuation of L-Serine products and it is easily leading to the cyclical fluctuations in the output, revenue, profits cash flow, investment and so on.
As to the l-serine market in China, the market share in Middle-of-south, East China, North China is much larger than that in the Southwest and north-west. One leading manufacture in China is bafeng which has the annual production capacity of 300 tons. Its equipments has already been in stable production for 2 months, with its products reaching the international level, which showed that the only one domestic large-scale production line has broken the technical limitations and then change the situation of monopoly of foreign enterprise to China market.
Not long before, only some developed countries owns this advanced technology, like Japan, German, and U.S., with their products' sales price at more than 700,000 yuan per ton. After the product launch from bafeng, the price is cut down to 350,000 yuan per ton, which could relieve the tense situation of domestic market. Another producer of l-serine - Guangde Keyuan Chemical has devoted itself in the research of new technology and it has also made many l-serine market research to have a deep understanding of its market.
In this period, succinic acid price was also certainly in the plus or minus affected by theinternational environment. In the pricing of succinic acid, athough it has a standard of succinic acid price, every succinic acid supplier will fix a price according to their respective situations.
Bio-succinic acid is a platform chemical that can be used to make a number of products currently made from petrochemicals.Because of the good market prospect of bio succinic acid, other succinic acid companies are also making an effort to meet the buyers.
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