May 27, 2021
China Lysine: Market stays stable as producers stand firm (week ended May 24, 2021)
Demand for lysine remained slow while feed producers stayed cautious. Producers were reluctant to cut prices, which have dropped considerably.
Fengyuan Biochem halted production of its 79-percent lysine product and halted price releases of 98.5-percent ones.
Transacted prices of 98.5-percent lysine in China softened to the range of RMB8.84-10/kg.
Export prices of 70-percent lysine firmed up.
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