China Lysine Weekly: Prices stabilise on waning demand (week ended Jun 5, 2013)
Demand for lysine waned of late after feed millers have accumulated sufficient stocks. Even though soymeal prices continued to surge over the week, buyers limited purchases anticipating soymeal market to soften in the longer term. In Europe, transacted prices reduced to the range of EUR1.35-1.37/kg amid light trade.
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