May 14, 2014
China lysine market strengthens on tight supply, higher buying interest
Lysine prices moved higher during the week ending May 13.
Korean producer CJ lifted its price quotes by 7% to 10% with stocks diminishing.
Meanwhile, demand picked up, albeit slowly in China amid expanding livestock inventories.
Average transacted price increased RMB0.25/kg to RMB7.45/kg.
RMB1=US$0.1605 (May 13)
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