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December 27, 2016


China lysine prices fall on ample supply, slack demand

 


Lysine prices continued to drop during the week ending December 27.


High prices of lysine encouraged producers to sustain output, resulting in ample supplies in the market. With demand for hog feed and hence lysine flat, producers cut prices in a bid to stimulate buying.


Price quotes of 70-percent lysine were at RMB7.80-8.50/kg.

 

RMB1=US$0.1439 (Dec 27)

  
  

The full market report (with complete data) of this excerpt is available here.


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