Price summary
|
Weekly transacted prices of imported lysine in China | |||
|
Region |
Week 43 |
Week 44 |
Price change |
|
Oct 22 - 28 (RMB/kg) |
Oct 29 - Nov 4 (RMB/kg) | ||
|
Guangzhou |
20.50 |
20.30 |
-0.20 |
|
Chengdu |
20.50 |
20.30 |
-0.20 |
|
Jinan |
20.30 |
20.20 |
-0.10 |
|
Changsha |
- |
- |
- |
|
Nanjing |
20.30 |
20.00 |
-0.30 |
|
Zhengzhou |
20.20 |
20.10 |
-0.10 |
|
Shenyang |
20.40 |
20.20 |
-0.20 |
|
Beijing |
20.20 |
20.10 |
-0.10 |
|
Prices refer to delivered-to-feedmill prices, and are for reference only. | |||
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Weekly transacted Prices of locally produced lysine in China | |||
|
Region |
Week 43 |
Week 44 |
Price change |
|
Oct 22 - 28 (RMB/kg) |
Oct 29 - Nov 4 (RMB/kg) | ||
|
Guangzhou |
20.00-20.25 |
19.90-20.10 |
-0.10 to -0.15 |
|
Chengdu |
20.00-20.30 |
19.85-20.20 |
-0.10 to -0.15 |
|
Jinan |
19.80-20.20 |
19.70-20.10 |
-0.10 |
|
Changsha |
20.00-20.30 |
19.90-20.20 |
-0.10 |
|
Nanjing |
19.80-20.20 |
19.70-20.10 |
-0.10 |
|
Zhengzhou |
19.75-20.10 |
19.65-20.00 |
-0.10 |
|
Shenyang |
20.00-20.30 |
19.90-20.30 |
-0.10 |
|
Beijing |
19.75-20.10 |
19.70-20.05 |
-0.05 |
|
Prices refer to delivered-to-feed-mill prices, and are for reference only. | |||
Feed millers and farmers were reluctant to stock inventories as feed demand shrank during October, while smaller producers negotiated prices eagerly. Consequently, one major producer who stood firm earlier reduced price quotes to remain competitive.
With buying interest low and producers keen to release inventories, China's lysine market will be under pressure.
