August 19, 2015
Light trade holds China lysine prices flat
Lysine prices stayed unchanged during the week ending August 18.
Trade was light as feed millers were not eager to stockpile lysine inventories with CBOT soy futures prices tumbling, hence holding soymeal prices flat.
Price quotes of 98.5-percent lysine remained in the range of RMB8-8.40/kg.
Lysine prices are therefore seen stable to lower in the coming period.
RMB1=US$0.1562 (Aug 19)
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