October 11, 2016
Tepid demand softens China lysine prices
Lysine prices dipped substantially during the week ending October 10.
Lysine prices tumbled after the week-long holidays, as buying interest was slack with corn prices significantly lower amid imminent supply rise.
For imported 98.5-percent lysine, transacted prices dropped to RMB10.10-10.50/kg.
Lysine market will be under more pressure in the coming period.
RMB1=US$0.1490 (Oct 11)
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
