Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

February 1, 2017
                                           
China Lysine Weekly: Prices stay stable as market prepares for holidays (week ended Jan 27, 2017)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices were unchanged.
 
Price quotes of 98.5-percent lysine were in the range of RMB10.50-11.50/kg. Average prices stayed at RMB10.80/kg.
                                                   
Price quotes of 70-percent lysine were unchanged at RMB7-7.50/kg.
 
For imported 98.5-percent lysine, transacted prices remained in the range of RMB12.65-13.40/kg.
 

Weekly transacted prices of imported lysine in China (RMB/kg)

Provinces

City/Municipality

Price as of Jan 27
(RMB/kg)

Price as of Jan 24
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

11.00

11.00

0.00

Sichuan

Chengdu

11.50

11.50

0.00

Shandong

Jinan

10.50

10.50

0.00

Henan

Zhengzhou 

10.50

10.50

0.00

Liaoning

Shenyang

10.80

10.80

0.00

-

Beijing

10.50

10.50

0.00

-

Average

10.80

10.80

0.00

 

Weekly prices of imported lysine in China (RMB/kg)

Provinces

City/Municipality

Price as of Jan 27
(RMB/kg)

Price as of Jan 24
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

13.10

13.10

0.00

Sichuan

Chengdu

13.40

13.40

0.00

Shandong

Jinan

12.70

12.70

0.00

Henan

Zhengzhou 

12.90

12.90

0.00

Liaoning

Shenyang

12.70

12.70

0.00

-

Beijing

12.65

12.65

0.00

-

Average

12.91

12.91

0.00

Prices are for reference only.
RMB1=US$0.1454 (Feb 1)

 
 
Market analysis

Transaction volumes were limited as most buyers have stocked ample inventories. Moreover, most feed producers have halted production in preparation for the Chinese New Year holidays.
 
In Europe, price quotes for Q1 deliveries were unchanged in the range of EUR1.38-1.48/kg.
 
 
Market forecast              

Lysine prices are expected to drop after the market reopens in the coming week. With hog population significantly lower due to pre-festive high releases, the demand for hog feed and subsequently lysine is unlikely to be strong. This, coupled with abundant availability, should weigh down lysine prices.
 

 

 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read