May 21, 2013
Weak trend prevails in China lysine market
Lysine prices moved lowe during the week ending May 15.
Demand for lysine remained weak as hog market outlook was uncertain while soymeal prices looked set to move lower.
Price quotes of 98.5-percent lysine dropped to the range of RMB10.70-11.10/kg.
With prices at record-low levels, lysine producer will be reluctant to cut prices by a lot.
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