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The global markets of L-Arginine have recorded a marginal uptrend in most of October ****. The market dynamics behind the increase in price movement of Arginine were straightforward. After a decline in Arginine prices in September which was driven by weak downstream demand, the formulators in pharmaceuticals and nutraceuticals have drawn down on their inventories to meet shipments and internal schedules. The steady drawdown have reduced visible cover and triggered the replenishment purchases which was tied to quarterly production plans. The Chinese exporters have experienced short-term tightening in available spot volumes as they honoured the export flows which lent a support to export prices of Arginine. The continuous production from major Arginine manufacturers and ample corn-starch feedstock have prevented aggressive margin expansion. The Arginine suppliers have kept output steady and avoided withholding stock.听 The logistics were smooth which kept the increase marginal rather than sharp. The demand-led...
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