Product
Tryptophan Price Trend and Forecast
Tryptophan Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Tryptophan in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
During the fourth quarter of 2021, the pricing trend of amino acids in the Asian market shifted higher. Ex-Hyderabad Amino Acid prices increased from 2355.58 USD/MT to 2533.37 USD/MT in the Indian domestic market from October to December. Several Indian traders were dealing with a significant increase in the cost of imported materials, despite strong demand from the domestic downstream market.
The manufacturing standstill in China owing to a coal shortage has had a significant impact on the Indian market, with numerous firms quoting out of stock for several amino acids. In addition, various manufacturing plants in China announced forced closures, affecting total product supplies in both China and India.
Procurement Resource provides latest prices of Tryptophan. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Tryptophan is not only found in most proteins, but it also acts as a precursor of serotonin. Tryptophan is converted to 5-hydroxy-tryptophan (5-HTP), which in turn, is converted into serotonin, a neurotransmitter that is also essential in regulating appetite, sleep, mood, as well as pain. Tryptophan is a natural sedative which is present in dairy products, meats, brown rice, fish, and even in soybeans.
Product Details
| Report Features | Details |
| Product Name | Tryptophan |
| Chemical Formula | C11H12N2O2 |
| Industrial Uses | Pharmaceutical Drug, Antidepressant |
| HS Code | 29224990 |
| Molecular Weight | 204.22 g/mol |
| Synonyms | (2S)-2-amino-3-(1H-indol-3-yl) propanoic acid, L-Tryptophan, (S)-Tryptophan, 2-Amino-3-(1H-indol-3-yl)propanoic acid |
| Supplier Database | Penta Manufacturing Company, Charkit Chemical Company LLC, Acros Organics |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Tryptophan via Fermentation
Tryptophan production at industrial level utilises biosynthesis and is based on the fermentation of serine and indole. The process involves the use of either wild-type or genetically modified bacteria such as B. amyloliquefaciens, C. glutamicum or E. coli. These microbial strains carry mutations and the conversion is catalysed by the enzyme tryptophan synthase.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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