Aminoacid Market to Keep Weak

By CnAgri2013-10-29 11:13:39 Print

Aminoacid：On Oct. 23rd, 2013, the average wholesale price of domestically-produced lysine 98.5% and lysine 65% are RMB9620Yuan/MT and RMB5150Yuan/MT respectively, with the former down 0.98% and the latter down 0.96% from last week. Domestic corn price continued declining, weighing on lysine market, but hog breeding profit margin was not bad, which supported lysine market in the prospective of demand. However, with its supply increasing, domestic lysine market shall keep weak. (Table 7)
 
On Oct. 23rd, 2013, average wholesale price of domestic solid methionine and liquid methionine are RMB26190Yuan/MT and RMB20500Yuan/MT respectively, the former up 0.08% and the latter the same with last week. Lack of favorable factors, we predict that domestic methionine market shall run within ranges. (Table 8)



From “China Livestock and Feed Market Weekly Report”