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September 24, 2019
                                              
China Lysine Weekly: Prices stable as producers limit production (week ended Sep 23, 2019)
 
An eFeedLink Exclusive
 

Price summary
 
Prices stayed unchanged.
 
Price quotes of 98.5-percent lysine were stable in the range of RMB6.40-7.40/kg. The average price of lysine remained at RMB7/kg.
     
Price quotes of 70-percent lysine were in the range of RMB4.20-4.50/kg.
 
For imported 98.5-percent lysine, transacted prices remained at RMB8.30-9.60/kg.
 

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

Provinces

City/Municipality

Price as of
Sep 23
(RMB/kg)

Price as of
Sep 16
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

6.70

6.70

0.00

Sichuan

Chengdu

6.40

6.40

0.00

Shandong

Jinan

7.40

7.40

0.00

Henan

Zhengzhou 

6.80

6.80

0.00

Liaoning

Shenyang

7.40

7.40

0.00

-

Beijing

7.30

7.30

0.00

-

Average

7.00

7.00

0.00

 

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

Provinces

City/Municipality

Price as of
Sep 23
(RMB/kg)

Price as of
Sep 16
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

8.80

8.80

0.00

Sichuan

Chengdu

8.30

8.30

0.00

Shandong

Jinan

9.60

9.60

0.00

Henan

Zhengzhou 

9.20

9.20

0.00

Liaoning

Shenyang

9.30

9.30

0.00

-

Beijing

9.45

9.45

0.00

-

Average

9.11

9.11

0.00

Prices are for reference only.
RMB1=US$0.1405 (Sep 24) 

 
 
Market analysis

Producers limited the production of lysine and halted price releases with stocks low. Meanwhile, demand improved after the Mid-autumn Festival holidays as feed producers stockpiled inventories in preparation for the long holidays during early October.
 
In Europe, price quotes were around EUR1.20/kg.
 
 
Market forecast            

Lysine producers will stand firm while trimming inventories. However, critically low hog population will decimate the sales of feed and hence lysine.
 

 

 


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