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On March 19,, Hijdge announced a 10 per cent increase in prices for lysine products worldwide, which Heij said was mainly due to low current price selling and the depreciation of the euroAt the same time, Hijdge plans to stop production and maintenance of three plants, the shutdown is expected to be around 1-3 weeks, mainly depending on the condition of the facilitiesThe shutdowns are: the China Chatcity plant in March, the Iowa plant in May, and the Indonesian plant in JuneFzj
Europe is the world's largest net import region of lysine, with a supply-demand gap of about 440,000 tonnes in 2014, making it a major market for suppliers from other regionsOn March 9th the European Central Bank officially began buying government bonds from countries in the region, opening a full-scale quantitative easing policyIn January 2015, the euro was trading at 1:7.14, the euro was 1:1.2 against the dollar, the euro was trading at 1:6.68 in March and the euro was 1:1.08 against the dollarIn this situation, products exported to Europe need to raise the market price to maintain a certain level of profitFzj
FzjChina lysine industry since the fourth quarter of 2013 losses, manufacturers reduce the amount of price protection, in the second half of 2014 to achieve a certain effect, into 2015 lysine manufacturers are still more, affected by competition, market prices are low, poor profitability, manufacturers do not want to bear lossesTherefore, the market price is in an embarrassing situation where there is no fall, the rise is weakFzj
It is this, after the Spring Festival due to lysine prices almost close to the cost of operation, the market is worried about price increases, procurement volume is larger, according to Boa and News understand, some large feed enterprises lysine inventory in 3-4 months Fzj
Affected by the acquisition of pro-storage, after the Spring Festival, the northeast production area of the grass-roots grain source basically bottomed out, corn prices continue to rise, for the deep processing enterprises that are running at a small profit, the profit margin is again compressed, some lysine production enterprises in a loss-making state, the pressure doubled Fzj
Hitchamine is the world's largest lysine production enterprises at this time to take the lead in raising prices, and announced the shutdown and maintenance plan, indicating that manufacturers do not want to happen in the first half of 2014 loss competition, after The Hi-Jie announced price increases, China's other major manufacturers are also planning to increase prices to varying degrees, from this point of view, the reduction of price protection will be the main theme of the late lysine market Fzj March 19, Hij announced a 10% global price increase for lysine products, which Hej said was mainly due to low current price selling and the depreciation of the euro At the same time, Hijdge plans to stop production and maintenance of three plants, the shutdown is expected to be around 1-3 weeks, mainly depending on the condition of the facilities The shutdowns are: the China Chatcity plant in March, the Iowa plant in May, and the Indonesian plant in June Fzj
Europe is the world's largest net import region of lysine, with a supply-demand gap of about 440,000 tonnes in 2014, making it a major market for suppliers from other regions On March 9th the European Central Bank officially began buying government bonds from countries in the region, opening a full-scale quantitative easing policy In January 2015, the euro was trading at 1:7.14, the euro was 1:1.2 against the dollar, the euro was trading at 1:6.68 in March and the euro was 1:1.08 against the dollar In this situation, products exported to Europe need to raise the market price to maintain a certain level of profit Fzj
Fzj China lysine industry since the fourth quarter of 2013 losses, manufacturers reduce the amount of price protection, in the second half of 2014 to achieve a certain effect, into 2015 lysine manufacturers are still more, affected by competition, market prices are low, poor profitability, manufacturers do not want to bear losses Therefore, the market price is in an embarrassing situation where there is no fall, the rise is weak Fzj
It is this, after the Spring Festival due to lysine prices almost close to the cost of operation, the market is worried about price increases, procurement volume is larger, according to Boa and News understand, some large feed enterprises lysine inventory in 3-4 months Fzj
Affected by the acquisition of pro-storage, after the Spring Festival, the northeast production area of the grass-roots grain source basically bottomed out, corn prices continue to rise, for the deep processing enterprises that are running at a small profit, the profit margin is again compressed, some lysine production enterprises in a loss-making state, the pressure doubled Fzj
Hitchamine is the world's largest lysine production enterprises at this time to take the lead in raising prices, and announced the shutdown and maintenance plan, indicating that manufacturers do not want to happen in the first half of 2014 loss competition, after The Hi-Jie announced price increases, China's other major manufacturers are also planning to increase prices to varying degrees, from this point of view, the reduction of price protection will be the main theme of the late lysine market Fzj
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