September 8, 2022
                                             

China Lysine: Market shows signs of stabilising (week ended Sep 5, 2022)

An eFeedLink Exclusive

Slow feed sales put a lid on the prices of lysine. However, with prices almost 10% lower compared with a year ago, producers stood firm on lysine prices.

Transacted prices of 98.5-percent lysine in China were in the range of RMB8.16-9.10/kg while those of 70-percent lysine were stable in the range of RMB5.44-6.20/kg.

Export prices of 70-percent lysine remained at  US$0.80/kg while those of 98.5-percent varieties stayed at US$1.20/kg.

Tepid feed demand will hamper the sales of lysine. However, as soymeal prices have increased 10% over the past several weeks, lysine demand is likely to strengthen gradually.

Full version of the report with complete data is available at: https://spoutinfo.com/market-forecast-detail/29/32/327/4362

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