Lysine Turnovers Saw no Improvement though Major Enterprises Stopped Quotation

By CnAgri2013-11-27 11:19:46 Print

Aminoacid：On Nov. 20th, 2013, the average wholesale price of domestically-produced lysine 98.5% and lysine 65% are RMB9000Yuan/MT and RMB5000Yuan/MT respectively, with the former down 2.49% and the latter the same with last week. Domestic lysine market is still bearish. Turnovers saw no improvement in spite GBT, CJ, BBCA and Meihua stopped quotation. Lysine market price is predicted to remain weak and price is predicted to go further down in short terms. (Table 11)

On Nov. 20th, 2013, average wholesale price of domestic solid methionine and liquid methionine are RMB26890Yuan/MT and RMB20300Yuan/MT respectively, with the former down0.19% and the latter down 0.98% compared with last week. Though methionine supply went tight, terminal procurement declined dramatically. Domestic methionine market is predicted to remain stable with weakness. (Table 12)

 


From “China Livestock and Feed Market Weekly Report”