April 1, 2020
                                              
China Lysine Weekly: Increased output exerts pressure on market (week ended Mar 30, 2020)
 
An eFeedLink Exclusive
 

Price summary
 
Prices moved lower.
 
Price quotes of 98.5-percent lysine decreased to the range of RMB6.80-7/kg. Average price were lower by RMB 0.52/kg at RMB6.90/kg.
     
Price quotes of 70-percent lysine were softer at RMB4.45-4.60/kg.
 
For imported 98.5-percent lysine, transacted prices were lower at RMB8.70-9.20/kg.
 

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

Provinces

City/Municipality

Price as of
Mar 30
(RMB/kg)

Price as of
Mar 23
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

7.00

7.30

-0.30

Sichuan

Chengdu

7.00

7.40

-0.40

Shandong

Jinan

7.00

7.80

-0.80

Henan

Zhengzhou 

6.80

7.20

-0.40

Liaoning

Shenyang

6.80

7.50

-0.70

-

Beijing

6.80

7.30

-0.50

-

Average

6.90

7.42

-0.52

 

 

 

 

 

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

Provinces

City/Municipality

Price as of
Mar 30
(RMB/kg)

Price as of
Mar 23
(RMB/kg)

Price change
(RMB/kg)

Guangdong

Guangzhou

9.10

9.40

-0.30

Sichuan

Chengdu

8.90

9.30

-0.40

Shandong

Jinan

9.20

10.00

-0.80

Henan

Zhengzhou 

9.20

9.60

-0.40

Liaoning

Shenyang

8.70

9.40

-0.70

-

Beijing

8.95

9.45

-0.50

-

Average

9.01

9.53

-0.52

Prices are for reference only.
RMB1=US$0.1409 (Apr 1)

 
 
Market analysis

Production of lysine increased as the deliveries of raw ingredients fully recovered. With hog feed consumption slow and the outlook of livestock bleak, feed producers withheld buying as fears of supply shortages subsided.
 
 
Market forecast    
       
As most of China's companies and factories have resumed operation, the supplies of lysine are expected to increase. However, with the hog population staying low, sales of lysine will be limited hence exerting pressure on the market.
 

 

 


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