September 20, 2016

Light trade holds lysine prices weak in China

Lysine prices slid further during the week ending September 19.

Supplies of lysine remained ample although a couple of producers halted operation. As most feed millers have cut down production volumes a few days prior to the Mid-Autumn Festival holidays, trade was slow, dragging prices lower.

Price quotes of 98.5-percent lysine were lower in the range of RMB8.40-8.80/kg.
 
RMB1=US$0.1486 (Sep 19)

The full market report (with complete data) of this excerpt is available here.

All rights reserved. No part of this report may be reproduced without the permission of eFeedLink.