June 24, 2015
Lysine prices show no signs of stabilising in China
Lysine prices were stable to lower during the week ending June 23.
Low hog inventories and record-low soymeal prices continued to limit the demand for lysine. Although several producers are expected to halt operation for routine maintenance, prices remained weak as supplies exceeded the sluggish demand.
Average transacted price dropped RMB0.04/kg to RMB8.13/kg.
RMB1=US$0.1610 (Jun 23)
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