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Market Reports

September 10, 2019
                                              
China Lysine Weekly: Low-priced products exert pressure on market (week ended Sep 9, 2019)
 
An eFeedLink Exclusive
 

Price summary
 
Prices stayed weak.
 
Price quotes of 98.5-percent lysine dropped to the range of RMB6.40-7.40/kg. The average price of lysine dipped RMB0.10/kg to RMB7.03/kg.
     
Price quotes of 70-percent lysine were stable to higher in the range of RMB4.10-4.20/kg.
 
For imported 98.5-percent lysine, transacted prices were at RMB8.80-9.60/kg.
 

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

Provinces

City/Municipality

Price as of
Sep 9
(RMB/kg)

Price as of
Sep 2
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

6.70

6.70

0.00

Sichuan

Chengdu

7.00

7.00

0.00

Shandong

Jinan

7.40

7.40

0.00

Henan

Zhengzhou 

6.40

7.00

-0.60

Liaoning

Shenyang

7.40

7.40

0.00

-

Beijing

7.30

7.30

0.00

-

Average

7.03

7.13

-0.10

 

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

Provinces

City/Municipality

Price as of
Sep 9
(RMB/kg)

Price as of
Sep 2
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

8.80

8.80

0.00

Sichuan

Chengdu

8.90

8.90

0.00

Shandong

Jinan

9.60

9.60

0.00

Henan

Zhengzhou 

8.80

9.40

-0.60

Liaoning

Shenyang

9.30

9.30

0.00

-

Beijing

9.45

9.45

0.00

-

Average

9.14

9.24

-0.10

Prices are for reference only.
RMB1=US$0.1405 (Sep 10) 

 
 
Market analysis
 
Producers cut output of lysine, hence lending support to the prices with supplies decreased. However, as the demand for hog feed remained poor, a handful of producers who were eager to move sales before the October holidays slashed prices lately.
 
In Europe, price quotes remained at EUR1.20/kg.
 
 
Market forecast            

Lysine market will be under pressure as several producers held prices low in a bid to close deals. With the production of hog feed diminishing, the output of lysine is expected to shrink further.
 

 

 

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