November 1, 2016

Lysine prices stay stable in China amid lacklustre demand

Lysine prices were mostly unchanged during the week ending October 31.

Sales of hog feed remained sluggish as the hog market stayed weak. Hence, after lifting prices the previous week, lysine producers found it difficult to increase prices further even though soymeal prices moved higher lately.

Price quotes of 98.5-percent lysine were in the range of RMB8.20-8.50/kg.

RMB1=US$0.1476 (Nov 1)

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

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