July 7, 2015
China lysine prices rebound amid soaring soymeal costs, tighter supply
Lysine prices moved higher during the week ending July 6.
Lysine prices increased 1.3% over the week on the back of dwindling supplies and stronger demand.
Price quotes of 98.5-percent lysine were mainly in the range of RMB8.20/kg.
Lysine prices are expected to stay stable or move higher as supplies tighten while soymeal market remains upbeat.
RMB1=US$0.1610 (Jul 7)
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