Expana clarifies the grade specifications of its threonine and tryptophan Expana Benchmark Prices

Expana wishes to clarify the grade specifications of the following Expana Benchmark Prices for threonine:

• DDP NW Europe – Feed Grade (99%) [24113]
• FOB Sao Paulo – Feed Grade (99%) [24667]

The grade for both assessments had been specified as powder, but these assessments have always included both powdered and granulated product.

Expana wishes to clarify the grade specifications of the following Expana Benchmark Prices for tryptophan:

• FOB China (Export) – Feed Grade (98%) [24130]
• DDP China (Domestic) – Feed Grade (98%) [24131]
• DDP NW Europe – Feed Grade (98%) [24128]
• DDP US Midwest – Feed Grade (98%) [24129]
• FOB Sao Paulo – Feed Grade (98%) [24668]

The grades for the FOB China and DDP NW Europe assessments had been specified as granules, while the grades for the DDP US Midwest and FOB Sao Paulo assessments had been specified as powder. However, these assessments have always included both powdered and granulated product.

This clarification does not impact any historical price assessments as Expana is only updating the grade specifications to accurately reflect the existing assessments.

Please send any questions or comments to [email protected] and clearly state which market note your comments relate to, and if the comments are intended for publication by Expana.

Expana will acknowledge receipt of all comments by email.