October 23, 2014
China lysine market under pressure
Lysine prices remained unchanged during the week ending October 21.
Usages of lysine were limited as hog inventories shrank considerably after September's high releases. Nevertheless, lysine producers held prices stable amid low inventory pressure.
Price quotes of 98.5-percent lysine stayed at RMB9.60-10.50/kg.
Prices of lysine are expected to soften in the coming weeks.
RMB1=US$0.1634 (Oct 23)
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