September 14, 2020
China Lysine: Prices stable amid limited production (week ended Sep 14, 2020)
Lysine producers who halted operation for plant maintenance had not resumed production. Overall, the operation rate of lysine industry is around 65%.
With supplies limited, prices of lysine were mostly stable. However, traders who were keen to clear stocks were willing to give sight discounts.
Transacted prices of 98.5-percent lysine in China stayed in the range of RMB6.14-7.25/kg.
Lysine market is set to be under pressure once producers who halted production resume operation.
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