February 20, 2019
Slack post-festive sales weaken China lysine prices
Lysine prices moved lower during the week ending February 18.
Livestock markets remained weak after the festive holidays, hence prompting feed producers to hold back purchases of lysine. Prices weakened as lysine producers attempted to attract buyers to place orders.
Price quotes of 70-percent lysine dipped to RMB4.70-4.80/kg.
RMB1=US$0.1478 (Feb 20)
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
