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May 27, 2019
    
China Lysine Weekly: Prices stay flat even as costs increase (week ended May 20, 2019)  
 
An eFeedLink Exclusive
 

Price summary
 
Prices were weak.
 
Price quotes of 98.5-percent lysine were stable in the range of RMB7.20-7.80/kg. The average price of lysine remained unchanged RMB7.42/kg.
     
Price quotes of 70-percent lysine were in the range of RMB4.20-4.70/kg.
 
For imported 98.5-percent lysine, transacted prices were at RMB9.35-9.70/kg.
 

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

Provinces

City/Municipality

Price as of
May 20
(RMB/kg)

Price as of
May 13
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

7.40

7.40

0.00

Sichuan

Chengdu

7.40

7.40

0.00

Shandong

Jinan

7.40

7.40

0.00

Henan

Zhengzhou 

7.30

7.30

0.00

Liaoning

Shenyang

7.80

7.80

0.00

-

Beijing

7.20

7.20

0.00

-

Average

7.42

7.42

0.00

 

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

Provinces

City/Municipality

Price as of
May 20
(RMB/kg)

Price as of
May 13
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

9.50

9.50

0.00

Sichuan

Chengdu

9.30

9.30

0.00

Shandong

Jinan

9.60

9.60

0.00

Henan

Zhengzhou 

9.70

9.70

0.00

Liaoning

Shenyang

9.70

9.70

0.00

-

Beijing

9.35

9.35

0.00

-

Average

9.53

9.53

0.00

Prices are for reference only.
RMB1=US$0.1450 (Jun 3) 

  
Market analysis
 
Producers were keen to lift prices while the costs of production increased with rising corn prices. Nonetheless, with hog feed demand sluggish and the capacity of the industry in excess, lysine prices remained flat over the week.
 
In Europe, price quotes climbed to EUR1.20/kg.
  
        
Market forecast            

Although lysine prices are less likely to fall further at current record lows, a strong recovery is as unlikely in the near term with the hog market severely hit by disease outbreak.
 

 


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