March 13, 2017
|
Weekly transacted prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Mar 13 |
Price as of Mar 6 |
Price change |
|
Guangdong |
Guangzhou |
8.80 |
8.00 |
0.80 |
|
Sichuan |
Chengdu |
8.80 |
8.00 |
0.80 |
|
Shandong |
Jinan |
8.70 |
8.20 |
0.50 |
|
Henan |
Zhengzhou |
8.70 |
8.00 |
0.70 |
|
Liaoning |
Shenyang |
9.00 |
8.20 |
0.80 |
|
- |
Beijing |
8.70 |
8.20 |
0.50 |
|
- |
Average |
8.78 |
8.10 |
0.68 |
|
Weekly prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Mar 13 |
Price as of Mar 6 |
Price change |
|
Guangdong |
Guangzhou |
10.90 |
10.10 |
0.80 |
|
Sichuan |
Chengdu |
10.70 |
9.90 |
0.80 |
|
Shandong |
Jinan |
10.90 |
10.40 |
0.50 |
|
Henan |
Zhengzhou |
11.10 |
10.40 |
0.70 |
|
Liaoning |
Shenyang |
10.90 |
10.10 |
0.80 |
|
- |
Beijing |
10.85 |
10.35 |
0.50 |
|
- |
Average |
10.89 |
10.21 |
0.68 |
|
Prices are for reference only. | ||||
Corn prices rebounded after the announcement of government subsidies to feed producers. With the costs of production higher and supplies tightened, prices of lysine increased substantially.
Demand for lysine is expected to slow after feed millers turn cautious after the recent price hikes. However, lysine producer will stand firm amid limited availability and higher corn costs.
