October 16, 2012
First fall in China lysine prices since July
Prices moved lower during the week ended October 14.
Buying interest was weak as feed millers and livestock producers turned cautious while soymeal prices dipped considerably of late. Moreover, the demand for feed and hence lysine would likely slow down in the coming period. Hence, lysine prices fell for the first time in three months.
The upward potential of lysine market will be limited in the coming period.
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