Market performance: Market reports indicate that due to high costs, Southeast Asian ammonia production companies have suspended production due to equipment failures, and it is expected to resume production for at least one month. In the short term, it will have a certain impact on the supply of lysine in the Southeast Asian market, with little impact on the Chinese market. However, it will continue to boost the export momentum of lysine in China in the coming month to a certain extent. Manufacturer's operating status: Currently, the manufacturers operating include Dacheng, Meihua, Yipin, Xijie, Chengfu, Dongxiao, Jinyu Mi, and Dongfang Hope.
The average price of three yuan live pigs nationwide is 16.08 yuan/kg, a decrease of 0.03 yuan/kg from yesterday; The average price of live pigs nationwide has stopped rising and turned downwards. The decline in the northern region is higher than that in the southern region, and the main reason for the leading price drop is that the majority of newly born pigs tend to be slaughtered near Qingming Festival. According to feedback, there is a fear of further market downturn in the future, and most large pigs weighing over 260 pounds are scheduled to be slaughtered before the festival, reducing the difficulty for slaughter enterprises to purchase pig sources. In addition, in the case of poor consumption of white striped pork, the price reduction strategy has been restarted. The southern region has been impacted by the low-priced pig sources in the north, and some areas have slightly declined, but overall it is still supported by the Qingming Festival effect. Based on the current market supply and demand situation, with the gradual release of large pig sources, the tight supply situation will continue, and the probability of a sharp decline after April is not high. Pig prices are expected to continue to fluctuate.
Although domestic lysine manufacturers still strongly support prices, the downstream consumption situation in the market remains stagnant. Coupled with insufficient news stimulation, it may still be difficult to resolve the "crisis" of weakening in the short term. The short-term lysine market will continue to weaken slightly.