Herbridge,4 April 2010-As we all know,griffonia seed gained a good harvest in Africa this year.However,manufacturers in China are in awkward situation.

        Owing to long-term shortage for griffonia seed,the price has maintained at over $10/kg now.The CIF value is higher.Many enterprises and merchants target at the 5-HTP market,so a rush for griffonia seed is emergied.Which presents production cost pressure to manufacturers.Most importantly,the content of 5-HTP in griffonia seed can't fully meet 20:1.

        On the other hand,industry insiders continue to cost out the price of 5-HTP in the previous system.Moreover,purchasers have learned the price of griffonia seed,so they have determinated the price range of 5-HTP.

        It is inevitable that manufacturers in China feel very awkward.

        According to herbridge.com,5-HTP has gradually declined to over 3000RMB/kg from 7000-8000RMB/kg along with the harvest.Currently,manufacturers offer 5-HTP at 3200-3300RMB/kg,higer than 3000RMB/kg at least.

        5-HTP is mainly used in the United States.The demand has been stable for many years with a modest market scale.The price was maintained at about 2500RMB/kg around 2008.It is the African drought in 2008 that boosted the 5-HTP price extremely in the second half of 2009.According to herbridge.com,the price for 5-HTP is expected to decrease contributed by the large amount of griffonia seed in the market.