March 27, 2017
Lysine market lacks momentum as Chinese buyers stay cautious
Lysine prices stayed stable during the week ending March 27.
Producers stood firm on prices amid low inventory pressure. Nonetheless, as end-users held back purchases, lysine market lacked momentum to move higher.
Price quotes of 70-percent lysine stayed stable at RMB5-5.50/kg.
Lysine demand will stay flat in the coming week
RMB1=US$0.1455 (Mar 27)
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