January 22, 2014
Light trade holds China lysine prices flat
Lysine prices remained unchanged during the week ending January 22.
Feed millers were therefore reluctant to stock high lysine inventories, especially as soymeal prices continued to slide in several regions.
Price quotes of 65-percent lysine and 70-percent lysine remained in the range of RMB4.20-4.50/kg and RMB4.70-4.90/kg respectively.
Lysine prices will likely stay flat amid slow sales.
RMB1=US$0.1653 (Jan 22)
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