Corn prices are high and tight, and lysine market is supported

2018 corn to inventory results, pre-storage transactions broke hundreds of millions of tons, new and old grain alternate, the first half of the fourth quarter due to the weather and farmers to sell and other factors, corn new grain volume is limited, the market rose month-on-month, deep processing enterprise acquisition prices then raised, pull up the cost of lysine manufacturers, and enterprise forward export orders signed better, the fourth quarter lysine export volume remains high, manufacturers continue to show a high level of factories Quite price situation, this week some manufacturers continue to raise the price slightly, including The i-product manufacturers 98 content price 8.2 yuan / kg, 70 content price 5.2 yuan / kg, compared with last week, respectively, 0.1 yuan / kg, domestic spot supply tight, the market 98 content lysine quotation range more than 8.2-8.8 yuan / kg (see figure below)The european market lysine hydrochloride was priced at 1.25-1.30 euros/kg in the fourth quartercrm
Crmcan be seen from the above image, in the middle of July for the year's lowest point, 7.3 yuan / kg or so, then manufacturers open the price increase switch, began a number of small price increases, although each time only 0.1 yuan / kg or so, but not more times, july so far, lysine market up to 13.7%This month, the Xijie Shenyang plant due to the adjustment of small varieties of amino acid production plan, 98.5% lysine production was postponed to February 2019This month Dongxiao and Yanfeng new production capacity put into operation, due to the limited amount of corn, low operating rate, the impact on the market is limited, this week Dongxiao manufacturers 98 content quote 8.1 yuan / kg, 70 content quoted 5.1 yuan / kg;crm
crmdue to China's lysine products exports to Russia blocked, the first quarter of lysine export volume decreased year-on-year (see chart above), but the benefit of China's Belt and Road policy to broaden sales areas, as well as global feed production growth, the second quarter of China's lysine export volume resumed growth, the Ministry of Finance, the General Administration of Taxation said that from September 15 lysine ester and lysine salt, DL-hydromynean export tax rebate unified to 13 percentIn January-September 2018, China's lysine export volume was about 436.6 million tons (98.5 percent), of which China's lysine sulfate exports increased by 28% in Septembercrm
To sum up, the current progress of new corn grain, deep processing enterprises operating rate is inhibited, cost level rise and export swell to support the lysine market, short-term stability is medium-strengthLysine market is porous, domestic swine fever rampant, pig production and sales fell in the fourth quarter, with the increase in the amount of new corn grain, lysine production enterprises will improve the operating rate or will be improved, so that the market in December there is a small correction possibilityHowever, the feeding enterprises before the preparation will be carried out one after another, corn prices are strong shock, environmental protection limit production, weather, logistics and other factors to support the market, follow-up need to pay attention to the relevant manufacturers dynamicscrm 2018 corn to inventory results, pre-storage transactions broke hundreds of millions of tons, new and old grain alternating, the first half of the fourth quarter due to the weather and farmers to sell and other factors, corn new grain volume is limited, the market rose month-on-month, deep processing enterprises purchase price slower, pull up lysine manufacturer selling costs, and enterprise forward export orders signed better, the fourth quarter lysine export volume remains high, the fourth quarter of the high level of lysine exports This week some manufacturers continue to raise the price slightly, including The i-product manufacturers 98 content quote 8.2 yuan / kg, 70 content price 5.2 yuan / kg, compared with last week, respectively, 0.1 yuan / kg, domestic spot supply tight, the market 98 content lysine quotation range more in 8.2-8.8 yuan / kg (see figure below) The european market lysine hydrochloride was priced at 1.25-1.30 euros/kg in the fourth quarter crm
Crm can be seen from the above image, in the middle of July for the year's lowest point, 7.3 yuan / kg or so, then manufacturers open the price increase switch, began a number of small price increases, although each time only 0.1 yuan / kg or so, but not more times, july so far, lysine market up to 13.7% This month, the Xijie Shenyang plant due to the adjustment of small varieties of amino acid production plan, 98.5% lysine production was postponed to February 2019 This month Dongxiao and Yanfeng new production capacity put into operation, due to the limited amount of corn, low operating rate, the impact on the market is limited, this week Dongxiao manufacturers 98 content quote 8.1 yuan / kg, 70 content quoted 5.1 yuan / kg; crm
crm due to China's lysine products exports to Russia blocked, the first quarter of lysine export volume decreased year-on-year (see chart above), but the benefit of China's Belt and Road policy to broaden sales areas, as well as global feed production growth, the second quarter of China's lysine export volume resumed growth, the Ministry of Finance, the General Administration of Taxation said that from September 15 lysine ester and lysine salt, DL-hydromynean export tax rebate unified to 13 percent In January-September 2018, China's lysine export volume was about 436.6 million tons (98.5 percent), of which China's lysine sulfate exports increased by 28% in September crm
　　To sum up, the current progress of new corn grain, deep processing enterprises operating rate is inhibited, cost level rise and export swell to support the lysine market, short-term stability is medium-strength Lysine market is porous, domestic swine fever rampant, pig production and sales fell in the fourth quarter, with the increase in the amount of new corn grain, lysine production enterprises will improve the operating rate or will be improved, so that the market in December there is a small correction possibility However, the feeding enterprises before the preparation will be carried out one after another, corn prices are strong shock, environmental protection limit production, weather, logistics and other factors to support the market, follow-up need to pay attention to the relevant manufacturers dynamics crm