December 24, 2018
China lysine prices drop with no supporting factor in sight
Lysine prices slid during the week ending December 24.
Demand for lysine was sluggish amid a confluence of factors, including lower protein requirements for feeds, weak soymeal prices and dismal sales of hog feed.
Price quotes of 70-percent lysine consolidated lower at RMB5.40-5.50/kg.
Lysine prices are poised to remain soft.
RMB1=US$0.1449 (Dec 24)
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