July 30, 2003

Midweek Lysine Prices Firm In Stable Market

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Prices of lysine were firm as the market sentiments stayed positive during the early part of the week.

Offers for imported lysine were unchanged at RMB 22.0 /kg. Delivered to feed mill prices remained around RMB 21.5 /kg for most areas. Prices were still the highest in Chengdu area, at RMB 22.0 /kg.

For locally-produced lysine, transactions were mostly around RMB 21.0 /kg.