Lysine Price Finally Rebounded

By CnAgri2013-05-27 11:42:57 Print Aminoacid：On May 22nd, 2013, the average wholesale price of domestically-produced lysine 98.5% and lysine 65% are RMB10990Yuan/MT and RMB6000Yuan/MT respectively, with the former up 0.46% and the latter the same with last week. As CJ raised quotation of lysine, the market price also rebounded slightly in some areas. As stocks of low concentration lysine was adequate, the price kept stable. It is predicted domestic lysine market shall keep the strong trend. (Table 8)
 
On May 22nd, 2013, average wholesale price of domestic solid methionine and liquid methionine are RMB27260Yuan/MT and RMB22, 200Yuan/MT respectively, with the former up 0.41% from last week and the latter the same with last week. As some import agents declined actual turnover price to a new low point of past five years last week, market turnover turned better. So import agents will raise price by within RMB500/MT. It is predicted domestic methionine price shall keep stable with narrow fluctuation in short terms. (Table 9)




From “China Livestock and Feed Market Weekly Report”