With so many pushing hands to help, lysine manufacturers ’quotations are not as good as they are. The recent attitude is more consistent, and the price of domestic products continues to be tight. The supply of 98 content is particularly tight. Today, some lysine manufacturers’ quotations are raised again, of which 98% The limited offer is 8.8-8.9 yuan / kg, and the price of Seagate 98 is 8.9-9.0 yuan / kg, which boosts the domestic lysine market's 98 content quotation to 9 yuan.
Lysine export situation
The European market was relatively stable this week. Western sources quoted prices ranging from 11.15-11.32 yuan / kg. The domestic economic downturn and the Fed ’s interest rate hike were postponed. The exchange rate market in the second half of the year will face depreciation pressure. The depreciation of the exchange rate will benefit domestic enterprises ’exports. The export volume of lysine is about It accounts for 27% of the total output. From January to April 2016, China exported a total of 103.45 million tons of lysine and lysine esters and salts, an increase of 7877.78 tons year-on-year.
The corn and soybean meal markets in June fluctuated strongly
Soybean meal market speculation is not over yet, the market for soybeans is becoming more and more intense, and the contract volume of oil plants is high without sales pressure. The rising price of soybeans in the United States has caused the cost of soybean imports by oil plants to continue to rise, so the mentality of holding prices remains the same. Follow, but there is a risk of callback after the continuous rise in the external disk, and the soybean meal market will fluctuate with the strong side!
The corn market is in short supply, the State Reserve ’s supply of corn is limited, the supply of surplus grain at the grassroots level is tight, and the supply of high-quality corn is even more scarce. It can also be seen from the general price premium in the auction. In the corn auction on May 27, the highest second-class corn was 1650. RMB / ton, exceeding the base price of 160 yuan / ton. Today, grain-using companies in Shandong further raised the corn purchase price, and some of the purchase prices were between 1840-1950 yuan / ton. The short-term corn market is strongly volatile. The follow-up policy risks are dependent and need to continue to be concerned. Temporary storage of corn auctions.
In summary, the favorable factors still support the lysine market in June. The lysine manufacturers have tight shipments and maintain a high price mentality. The spot market supply is tight. It is expected that the lysine market in June will be stable and strong. . However, it is worth noting that the recent restoration of the Shenyang factory and Snow Bio in Xijie, the Dacheng subsidy may expire this month, and the follow-up needs to continue to pay attention to the new developments after the expiry of the Dacheng subsidy and the related influencing factors such as the production and delivery of mainstream manufacturers.
