November 22, 2016
China lysine prices rally amid supply crunch
Lysine prices surged tremendously during the week ending November 21.
Locally-produced 98.5-percent lysine prices surged 45% while those of 70-percent products jumped a whopping 90% amid supply shortages.
Price quotes of 70-percent lysine jumped to RMB8.50/kg.
RMB1=US$0.1451 (Nov 22)
The full market report (with complete data) of this excerpt is available here.
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.