October 17, 2017
|
Weekly transacted prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Oct 16 |
Price as of Sep 29 |
Price change |
|
Guangdong |
Guangzhou |
9.50 |
10.00 |
-0.50 |
|
Sichuan |
Chengdu |
9.50 |
10.00 |
-0.50 |
|
Shandong |
Jinan |
8.90 |
9.50 |
-0.60 |
|
Henan |
Zhengzhou |
9.20 |
9.50 |
-0.30 |
|
Liaoning |
Shenyang |
9.10 |
9.60 |
-0.50 |
|
- |
Beijing |
9.30 |
9.50 |
-0.20 |
|
- |
Average |
9.25 |
9.68 |
-0.43 |
|
Weekly prices of imported lysine in China (RMB/kg) | ||||
|
Provinces |
City/Municipality |
Price as of Oct 16 |
Price as of Sep 29 |
Price change |
|
Guangdong |
Guangzhou |
11.60 |
12.10 |
-0.50 |
|
Sichuan |
Chengdu |
11.40 |
11.90 |
-0.50 |
|
Shandong |
Jinan |
11.10 |
11.70 |
-0.60 |
|
Henan |
Zhengzhou |
11.60 |
11.90 |
-0.30 |
|
Liaoning |
Shenyang |
11.00 |
11.50 |
-0.50 |
|
- |
Beijing |
11.45 |
11.65 |
-0.20 |
|
- |
Average |
11.36 |
11.79 |
-0.43 |
|
Prices are for reference only. | ||||
Despite CJ's production halt, supplies of lysine are seen ample in China due to the high capacity of the industry. With corn costs poised to move lower amid abundant availability, and the demand for animal feed sluggish with inventories diminished, lysine market is set to stay weak in the coming period.
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