ecember 29, 2015
Inadequate supply drives up China lysine prices
Lysine prices continued to rise during the week ending December 29.
As producers continued to limit output, supplies of 98.5-percent lysine remained tight although the availability of 70-percent lysine increased lately.
Meanwhile, lysine demand remained firm as feed producers step up production, hence lending support to the price hikes.
Price quotes of 70-percent lysine increased to the range of RMB5.40-5.50/kg.
RMB1=US$0.1542 (Dec 29)
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