Soymeal： On 13 May 2015 the average wholesale price of soymeal in main production areas is RMB2, 945 Yuan/T, decreased by 1.7% compared with last week. At present 43% soymeal transaction price in some coastal areas is about 2700 – 2800 Yuan/ton, down by 50 – 100 Yuan/ton compared with last month. Most of dealers are concern about that the largely arrival of soymeal will suppress users purchasing. Thus they commonly drive down inventory; in addition oil factories are also actively sale long date contract. For international soybean market, they mainly focus on North America’s soybean planting and weather condition. Taken together, BOABC thinks that the bear market of international soybean market have not changed, thus in later spot soymeal market will suffer some pressures. (Table 3)


Aminoacid: On 13 May 2015, the average wholesale price of domestically-produced lysine 98.5% and lysine 70% are RMB8, 810Yuan/T and RMB5, 800Yuan/T respectively, the two figures are all the same as last week. There are still no good factors to support domestic lysine market. It predicted that domestic lysine market will still keep weak. (Table 7)
 
On 13 May 2015 the average wholesale price of domestic solid methionine and liquid methionine are RMB60, 100Yuan/T and RMB55, 000Yuan/MT respectively, the former down by 10.7% from last week, and the latter down by 5.17% last week. However the attitude of “buying up not buying down” fatherly exacerbates the situation of weak market buying and selling. It predicted that domestic methionine market will continue keep weak. (Table 8)


















From "China Livestock and Poultry Weekly Report"