Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

October 4, 2016
                                           
China Lysine Weekly: Prices stay flat amid light trade (week ended Sep 30, 2016)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices were mostly unchanged.
 
Price quotes of 98.5-percent lysine were in the range of RMB8.40-8.50/kg. Average prices dropped by RMB0.02/kg to RMB8.45/kg.
                                                   
Price quotes of 70-percent lysine stayed in the range of RMB5.30-5.60/kg.
 
For imported 98.5-percent lysine, transacted prices remained at RMB10.40-10.80/kg.
 

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

Provinces

City/Municipality

Price as of Sep 30
(RMB/kg)

Price as of Sep 26
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

8.50

8.50

0.00

Sichuan

Chengdu

8.50

8.50

0.00

Shandong

Jinan

8.40

8.40

0.00

Henan

Zhengzhou 

8.40

8.40

0.00

Liaoning

Shenyang

8.50

8.50

0.00

-

Beijing

8.40

8.50

-0.10

-

Average

8.45

8.47

-0.02

 

 

 

 

 

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

Provinces

City/Municipality

Price as of Sep 30
(RMB/kg)

Price as of Sep 26
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

10.60

10.60

0.00

Sichuan

Chengdu

10.40

10.40

0.00

Shandong

Jinan

10.60

10.60

0.00

Henan

Zhengzhou 

10.80

10.80

0.00

Liaoning

Shenyang

10.40

10.40

0.00

-

Beijing

10.55

10.65

-0.10

-

Average

10.56

10.58

-0.02

Prices are for reference only.
RMB1=US$0.1499 (Oct 3)

 

Market analysis
 
Trade was light during the week in review as most buyers halted purchases. Although a handful of producers and traders lowered prices in efforts to move sales, prices were mostly stable.
 
In Europe, price quotes for Q4 deliveries remained in the range of EUR1.31-1.37/kg. For major customers, January deliveries for Chinese products were at EUR1.14-1.20/kg.
 
 
Market forecast    
          
Lysine market is expected to remain weak after early October's long holidays. With hog inventories low, soymeal prices soft and supplies set to remain ample, feed millers will not be motivated to expand lysine inventories.
 
 

 


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