Lysine producers hold prices despite flat demand in China

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Publish time: 1st January, 1      Source: www.cnchemicals.com
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May 6, 2015
   
   

   

Lysine producers hold prices despite flat demand in China

   

   

   
   
   
Lysine prices stayed flat during the week ending May 5.
   


Lysine producers held prices firm amid low inventory pressure.

   


However, the market lacked momentum as feed millers withheld buying in anticipation of flat feed demand during early May due to diminished animal population.

   

Price quotes of 98.5-percent lysine remained in the range of RMB8.60-8.90/kg.
   
   

   

High output costs, the result of strong corn prices, will underpin lysine prices while producers limit output.

   

   
   
RMB1=US$0.1614 (May 6)
   

   

   
   
   
   

   

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

   


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