May 15, 2017
Slow demand holds China lysine prices flat
Lysine prices remained unchanged during the week ending May 15.
Hog prices continued to slide, dragging farming profits down by 70% compared with a year ago. Sales of feed remained sluggish as a result, decimating the demand for lysine.
Price quotes of 70-percent lysine stayed at RMB5.40-5.60/kg.
RMB1=US$0.1449 (May 15)
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