December 17, 2014
Improved demand steadies China lysine prices
Lysine prices were stable during the week ending December 16.
Lysine demand improved of late as feed producers, encouraged by rebounding hog prices, increased stockpiles in preparation for early 2015’s pre-Chinese New Year market. This helped to stabilise the prices of lysine during the week in review.
Price quotes of 98.5-percent lysine remained in the range of RMB8.9-9.30/kg.
RMB1=US$0.1615 (Dec 17)
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