Tryptophan Demand & Supply, Forecast Data

Stephenthomas09 Jan, 2025Business

In Q2 2024, tryptophan prices in China reached 7,800 USD/MT, experiencing significant price fluctuations. The market faced challenges due to surplus stock, muted demand, and structural obstacles within China’s economy. These issues were compounded by export duties, which further strained the market outlook, creating a pessimistic forecast for the industry.