March 1, 2017
China lysine prices dip further, down 54% since December
Lysine prices continued to fall during the week ending February 28.
Lysine prices fell further, albeit at a slower pace, as producers competed to clear stocks. However, with hog population flat and feed producers staying prudent, sales of lysine remained limited.
Plummeting 54% since December lysine prices were less than 10% away from 2013’s historic lows.
Price quotes of 70-percent lysine fell to RMB4.50-5/kg.
RMB1=US$0.1454 (Mar 1)
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