November 5, 2018
Chinese lysine producers stand firm amid low inventory pressure
Lysine prices stayed firm during the week ending November 5.
As export demand remained robust, lysine producers held up prices amid low inventory pressure. However, demand for lysine was sluggish as hog feed producers limited output cautiously while the outbreak of African swine fever remained severe.
Price quotes of 70-percent lysine strengthened to RMB5.50-5.60/kg.
RMB1=US$0.1447 (Nov 5)
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