September 5, 2017
Price summary
|
Weekly transacted prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Sep 4 |
Price as of Aug 28 |
Price change |
|
Guangdong |
Guangzhou |
9.50 |
8.80 |
0.70 |
|
Sichuan |
Chengdu |
9.50 |
8.60 |
0.90 |
|
Shandong |
Jinan |
9.30 |
8.50 |
0.80 |
|
Henan |
Zhengzhou |
9.20 |
8.50 |
0.70 |
|
Liaoning |
Shenyang |
9.20 |
8.50 |
0.70 |
|
- |
Beijing |
9.20 |
8.50 |
0.70 |
|
- |
Average |
9.32 |
8.57 |
0.75 |
|
|
|
|
|
|
|
Weekly prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Sep 4 |
Price as of Aug 28 |
Price change |
|
Guangdong |
Guangzhou |
11.60 |
10.90 |
0.70 |
|
Sichuan |
Chengdu |
11.40 |
10.50 |
0.90 |
|
Shandong |
Jinan |
11.50 |
10.70 |
0.80 |
|
Henan |
Zhengzhou |
11.60 |
10.90 |
0.70 |
|
Liaoning |
Shenyang |
11.10 |
10.40 |
0.70 |
|
- |
Beijing |
11.35 |
10.65 |
0.70 |
|
- |
Average |
11.43 |
10.68 |
0.75 |
|
Prices are for reference only. | ||||
Market analysis
Tight availability of lysine will help to underpin prices together with strong stockpiling interest and rising corn costs. However, with soymeal prices soft and export demand decreased due to a strong renminbi, price hikes are expected to slow in the coming week.
