January 10, 2017
Price fall slows but outlook remains bleak in China lysine market
Lysine prices were stable to lower during the week ending January 10.
Although several lysine producers stood firm while others continued to lower prices to promote sales as output expenses dropped amid lower corn costs.
Price quotes of 70-percent lysine were at RMB7-8.20/kg.
Producers are expected to cut prices further.
RMB1=US$0.1444 (Jan 10)
The full market report (with complete data) of this excerpt is available here.
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.