June 25, 2014
China lysine prices soften amid light trade
Lysine prices were lower during the week ending June 24.
Trade reduced prominently in the lysine market as end users held back purchases while hog and broiler prices saw no signs of stabilising.
Price quotes of 65-percent lysine and 70-percent lysine were at RMB5/kg and RMB6.20-6.50/kg respectively.
Although producers and traders will strive to hold up prices, lysine market will soften in the coming period.
RMB1=US$0.1604 (Jun 25)
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