January 21, 2015
China lysine prices stabilise as producers stand firm
Lysine prices were stable during the week ending January 20.
Lysine producers lifted prices quotes in view of stronger demand in the coming weeks leading to Chinese New Year, helping to stabilise prices in the market.
Average transacted price remained unchanged at RMB8.52/kg.
More feed millers are expected to accumulate stocks in the coming period, lending support to lysine market.
RMB1=US$0.1609 (Jan 21)
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