Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Market Reports

September 5, 2017
                            
China Lysine Weekly: Tight supply pushes up prices (week ended Sep 4. 2017)
 
An eFeedLink Exclusive
 

Price summary
 
Prices moved higher.
 
Price quotes of 98.5-percent lysine were stable in the range of RMB9.20-9.50/kg. Average price increased RMB0.75/kg to RMB9.32/kg.
                                                   
Price quotes of 70-percent lysine were higher at RMB5.20-5.50/kg.
 
For imported 98.5-percent lysine, transacted prices surged to the range of RMB11.10-11.60/kg.
 

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

Provinces

City/Municipality

Price as of Sep 4
(RMB/kg)

Price as of Aug 28
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

9.50

8.80

0.70

Sichuan

Chengdu

9.50

8.60

0.90

Shandong

Jinan

9.30

8.50

0.80

Henan

Zhengzhou 

9.20

8.50

0.70

Liaoning

Shenyang

9.20

8.50

0.70

-

Beijing

9.20

8.50

0.70

-

Average

9.32

8.57

0.75

 

 

 

 

 

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

Provinces

City/Municipality

Price as of Sep 4
(RMB/kg)

Price as of Aug 28
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

11.60

10.90

0.70

Sichuan

Chengdu

11.40

10.50

0.90

Shandong

Jinan

11.50

10.70

0.80

Henan

Zhengzhou 

11.60

10.90

0.70

Liaoning

Shenyang

11.10

10.40

0.70

-

Beijing

11.35

10.65

0.70

-

Average

11.43

10.68

0.75

Prices are for reference only.
RMB1=US$0.1534 (Sep 5)   

 

Market analysis
 
Prices of lysine rose significantly during the week in review.
 
While output remained limited due to production halts, lysine producers lifted price quotes amid dwindling stocks, prompting distributors and traders to follow suit. Feed millers who held inventories low were compelled to rebuild stocks in preparation for the Mid-Autumn Festival market.
 
In Europe, price quotes for Q3 deliveries remained stable in the range of EUR1.30-1.35/kg.
 
 
Market forecast      
        
Tight availability of lysine will help to underpin prices together with strong stockpiling interest and rising corn costs. However, with soymeal prices soft and export demand decreased due to a strong renminbi, price hikes are expected to slow in the coming week.
 

 
 


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