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China lysine prices rebound amid soaring soymeal costs, tighter supply

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Publish time: 7th July, 2015      Source: www.cnchemicals.com
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July 7, 2015
   
China lysine prices rebound amid soaring soymeal costs, tighter supply
   
   

Lysine prices moved higher during the week ending July 6.
   

Lysine prices increased 1.3% over the week on the back of dwindling supplies and stronger demand.
   
   
Price quotes of 98.5-percent lysine were mainly in the range of RMB8.20/kg.
   
   
Lysine prices are expected to stay stable or move higher as supplies tighten while soymeal market remains upbeat.
   
   
RMB1=US$0.1610 (Jul 7)
   
   
   
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