November 7, 2017
Weak trend prevails in China lysine market
Lysine prices stayed soft during the week ending November 7.
Trade was light in the lysine market as hog feed producers were not motivated to expand production nor to stockpile raw ingredients.
Price quotes of 70-percent lysine dropped to RMB4.70-5/kg.
Lysine prices are likely to consolidate lower in the coming weeks.
RMB1=US$0.1508 (Nov 7)
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