Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Feed Supplements/Additives

November 27, 2018

China Lysine Weekly: Soft demand fails to weaken market (week ended Nov 26, 2018)
 
An eFeedLink Exclusive
 

Price summary

Prices stood firm.

Price quotes of 98.5-percent lysine consolidated higher in the range of RMB8.60-8.80/kg. Average price of lysine increased RMB0.04/kg to RMB8.67/kg.
 
Price quotes of 70-percent lysine remained at RMB5.50-5.60/kg.
 
For imported 98.5-percent lysine, transacted stayed in the range of RMB10.50-11/kg.
 

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

Provinces

City/Municipality

Price as of
Nov 26
(RMB/kg)

Price as of
Nov 19
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

8.60

8.60

0.00

Sichuan

Chengdu

8.60

8.60

0.00

Shandong

Jinan

8.80

8.80

0.00

Henan

Zhengzhou 

8.70

8.70

0.00

Liaoning

Shenyang

8.70

8.60

0.10

-

Beijing

8.60

8.50

0.10

-

Average

8.67

8.63

0.04

 

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

Provinces

City/Municipality

Price as of
Nov 26
(RMB/kg)

Price as of
Nov 19
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

10.70

10.70

0.00

Sichuan

Chengdu

10.50

10.50

0.00

Shandong

Jinan

11.00

11.00

0.00

Henan

Zhengzhou 

11.10

11.10

0.00

Liaoning

Shenyang

10.60

10.50

0.10

-

Beijing

10.75

10.65

0.10

-

Average

10.78

10.74

0.04

Prices are for reference only.
RMB1=US$0.1441 (Nov 27) 

 

Market analysis

Lysine producers held up prices of lysine as production was limited amid low availability of corn. Hence, even as demand was flat due to soft soymeal prices and reduced protein requirements in feed production, lysine market showed no signs of weakening.

In Europe, price quotes were unchanged in the range of EUR1.25-1.30/kg.
 
 
Market forecast

The upward scope of lysine market will be limited with hog feed producers extremely cautious due to the rampant African swine fever outbreak and a weakening soymeal market. However, as production is tight while export orders are stable, lysine prices are unlikely to move lower in the near term.
 

 

 


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