December 16, 2005

South Korea's CJ raises 98.5-percent lysine benchmark price in China
 

South Korea's CJ has raised the benchmark price for its 98.5-percent lysine products in China, after raising prices for its 65-percent lysine there lately.

CJ's offer price for 98.5-percent lysine was at the level of RMB12.5/kg in recent days.

As CJ's 98.5-percent lysine supplies were tight lately, analysts expect exports to China to be limited in the near term.