February 1, 2017
|
Weekly transacted prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Jan 27 |
Price as of Jan 24 |
Price change |
|
Guangdong |
Guangzhou |
11.00 |
11.00 |
0.00 |
|
Sichuan |
Chengdu |
11.50 |
11.50 |
0.00 |
|
Shandong |
Jinan |
10.50 |
10.50 |
0.00 |
|
Henan |
Zhengzhou |
10.50 |
10.50 |
0.00 |
|
Liaoning |
Shenyang |
10.80 |
10.80 |
0.00 |
|
- |
Beijing |
10.50 |
10.50 |
0.00 |
|
- |
Average |
10.80 |
10.80 |
0.00 |
|
Weekly prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Jan 27 |
Price as of Jan 24 |
Price change |
|
Guangdong |
Guangzhou |
13.10 |
13.10 |
0.00 |
|
Sichuan |
Chengdu |
13.40 |
13.40 |
0.00 |
|
Shandong |
Jinan |
12.70 |
12.70 |
0.00 |
|
Henan |
Zhengzhou |
12.90 |
12.90 |
0.00 |
|
Liaoning |
Shenyang |
12.70 |
12.70 |
0.00 |
|
- |
Beijing |
12.65 |
12.65 |
0.00 |
|
- |
Average |
12.91 |
12.91 |
0.00 |
|
Prices are for reference only. | ||||
Transaction volumes were limited as most buyers have stocked ample inventories. Moreover, most feed producers have halted production in preparation for the Chinese New Year holidays.
Lysine prices are expected to drop after the market reopens in the coming week. With hog population significantly lower due to pre-festive high releases, the demand for hog feed and subsequently lysine is unlikely to be strong. This, coupled with abundant availability, should weigh down lysine prices.
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