Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Home

December 24, 2019
                                              
China Lysine Weekly: More production halts (week ended Dec 23, 2019)
 
An eFeedLink Exclusive
 

Price summary
 
Prices were unchanged.
 
Price quotes of 98.5-percent lysine stayed in the range of RMB6.70-7.50/kg. The average price of were at RMB7.12/kg.
     
Price quotes of 70-percent lysine remained in the range of RMB4.30-4.50/kg.
 
For imported 98.5-percent lysine, transacted prices were at RMB8.70-9.60/kg.
 

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

Provinces

City/Municipality

Price as of
Dec 23
(RMB/kg)

Price as of
Dec 16
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

6.70

6.70

0.00

Sichuan

Chengdu

6.80

6.80

0.00

Shandong

Jinan

7.40

7.40

0.00

Henan

Zhengzhou 

7.00

7.00

0.00

Liaoning

Shenyang

7.50

7.50

0.00

-

Beijing

7.30

7.30

0.00

-

Average

7.12

7.12

0.00

 

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

Provinces

City/Municipality

Price as of
Dec 23
(RMB/kg)

Price as of
Dec 16
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

8.80

8.80

0.00

Sichuan

Chengdu

8.70

8.70

0.00

Shandong

Jinan

9.60

9.60

0.00

Henan

Zhengzhou 

9.40

9.40

0.00

Liaoning

Shenyang

9.40

9.40

0.00

-

Beijing

9.45

9.45

0.00

-

Average

9.23

9.23

0.00

Prices are for reference only.
RMB1=US$0.1427 (Dec 24) 

 
 
Market analysis

Prices of lysine were flat as feed millers who had stocked ample inventories for the upcoming New Year holidays halted buying. Although lysine producers limited output, the market stayed soft with supplies ample.
 
Meanwhile, Global Bio-chem announced that its plant in Changchun, Jilin province would halt production until February.
 
In Europe, price quotes stayed at EUR1.20/kg.
 
Market forecast      
     
Despite limited production, lysine prices will stay weak as demand wanes with the holidays approaching. Entering 2020, sales of lysine are expected to be slow amid low hog feed consumption.
 

 

 

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