April 5, 2017
Sharp rise in China lysine prices on stronger demand
Lysine prices moved higher during the week ending April 3.
Export demand improved as supplies of lysine from southeast Asia decreased. Meanwhile domestic sales of lysine gained momentum as feed millers stepped up hog feed production, albeit at a prudent pace.
Price quotes of 70-percent lysine were stable to higher at RMB5-5.60/kg.
RMB1=US$0.1452 (Apr 5)