Lysine Week 1 Comments: postganglionic little change in price - Lysine - Food Industry

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, Domestic producers of manufactured quote lysine remain high in the case, because there is also weak market, signing distributors at all levels is very cautious Feed Enterprises, now before the holiday's Purchase Situation has not improved, is still in testing the manufacturers tolerance. This week, made 98.5% and prices for basic lysine at 13.6-13.8 yuan / kg, low transaction price of 13.5 yuan / kg. 65% of lysine, prices little changed, the current transaction price of 8.8 Yuan / kilograms.

Second, the international markets 2008 No. 1 week (1.1-1.6), early first quarter of 2008, a more adequate supply of reserves. Europe's end-user response, and they supply the month in 2008 1,2 reserves are abundant, the fourth quarter of 2007, the transaction price is usually in the 1.45-1.47 euro / kg range, high-volume transaction price may be 1.43 euros / kg or less.

End-user response, while Germany and Spain, some of the end-user response to the fourth quarter of 2007 has reduced the demand for them, but overall, the lysine requirement in Europe recovered to normal levels.

Third, market analysis 1. Manufacturers offer information. This week, Dacheng manufacturers offer remain high, 98.5% lysine offer at 14.0 yuan / kg, 65% lysine offer 8.6 yuan / kg, the price is beyond the feed mill of the terminal price, traders rarely signing, According to industry response to its high content of lysine Stock Stressful. Iranian goods, Fengyuan, gold corn, the CP and other manufacturers currently offer Linghua basic 13.5 yuan / kg, as in the earlier period to sell a large volume low-cost sources of supply, not the current inventory pressure. It is reported that the arrival of individual manufacturers current price is only 13.0 yuan / kg, manufacturers supply to further reduce the price the market could lead to further price weakness.

2. Pork price highs, but poor on hand. This week, most of the country in hog prices, high vibration situation, the stability of a few areas. Among them, Sichuan, Chengdu Pork Price of 21 yuan / kg; Hubei pork price 24 yuan / kg; price of 22.6 yuan, Jiangsu pork / kg; Changsha, Hunan pork price 23 yuan / kg. Price of 21.3 yuan in Shanghai Pork / kg, Beijing's new price of pork fat to 21 yuan / kg, the price of pork Beijing Big Bell Temple 20 yuan / kg. Pork price high of more stimulated farmers to slaughter, pigs and more heavier air field phenomenon, the formation of negative factors on the lysine market.

3. Impeded exports increased pressure on domestic stocks. According to statistics, in 2007 the number of 1-8 month average of the export around 11,500 tons, while exports in September after only more than 7000 tons, with the state of lysine, Produce Regulation of export tax rebate rate and other relevant policies and the introduction, coupled with the yuan continues to appreciate the impact of factors such as the late lysine exports will further increase the resistance of the long term, the stock of domestic lysine will further increase pressure on the price difficulty was optimistic side.

4. The market expect the start stocking feed business purchasing. Since when in recent years has been related, in order to guarantee a week during the Spring Festival and the Festival on the production to maintain, in accordance with usual practice, most feed companies will have a certain number of pre-holiday stocking, which manufacturers and traders at all levels play a more or less the role of psychological stability, part of the trade watching psychological emphasis, the phenomenon of commercial low Paohuo decrease.

IV Market Forecast

This week, the domestic market, procurement of feed enterprises still not improved, but the supporting role by the state of mind, market prices remain stable for the time being, but some manufacturers to further reduce the shipping price has negative effects on the markets, next week prices also need to focus on maintaining stability in the feed business purchasing stocking situation could have improved.

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