April 24, 2017
China lysine market lacks momentum as buyers withhold buying
Lysine prices stayed unchanged during the week ending April 24.
Lysine producers held prices firm as rising costs of corn lifted output expenses. Nonetheless, with hog market weak feed millers held back purchases, hence limiting the upward scope of lysine market.
Price quotes of 98.5-percent lysine remained in the range of RMB8.90-9.50/kg.
RMB1=US$0.1453 (Apr 24)
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
