September 18, 2013
Strong soymeal market lends support to China lysine prices
Lysine prices were stable to higher during the week ending September 17.
Strong soymeal prices, which have increased 14% since early August, lent considerable support to the lysine market in China.
Price quotes of 98.5-percent lysine remained firm in the range of RMB9.55-10/kg.
China's lysine prices are seen stable to higher due to a robust soymeal market and steady pre-festive buying.
RMB1=US$0.1634 (Sep 18)
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