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China


January 10, 2018


Lysine prices stay soft on subdued demand in China

 
   

Lysine prices were mostly unchanged during the week ending January 9.


Demand for feed additives was slack as feed millers, who were not confident in the pre-Chinese New Year market, chose to stand on the side line. Moreover, weak export demand, resulting from a strong renminbi, and soft soymeal prices, exerted further pressure on lysine market.


Price quotes of 70-percent lysine were unchanged at RMB4.60-5.20/kg.


RMB1=US$0.1533 (Jan 10)

 
 

The full market report (with complete data) of this excerpt is available here.

 

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