October 25, 2017
Chinese lysine producers cut prices amid poor demand
Lysine prices moved lower during the week ending October 23.
As anticipated, feed demand stayed sluggish with animal inventories diminished following September's high pre-festive releases.
Price quotes of 70-percent lysine were around RMB4.90/kg.
Lysine producers will continue to hold prices low to stimulate sales.
RMB1=US$0.1507 (Oct 24)
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.
