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Spotlight

November 5, 2018
 
China lysine market stays firm but lacks momentum to move higher
 
 
Lysine prices were stable to higher during the week ending November 12.

Attractive prices of lysine, thanks to a weak renminbi, boosted the export sales of Chinese products.

For imported 98.5-percent lysine, transacted moved higher to the range of RMB10.50-11/kg.

Lysine prices are less likely to move lower with the costs of soymeal high and export sales robust.

RMB1=US$0.1435 (Nov 12)
                
                   
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