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Lysine market soft on subdued demand in China

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Publish time: 22nd July, 2015      Source: www.cnchemicals.com
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July 22, 2015
   
   
Lysine market soft on subdued demand in China
   
   
   
Lysine prices were weak during the week ending July 21.
   
   
Lysine prices remained weak as feed millers were not eager to accumulate inventories while soymeal prices showed signs of stabilising.
   
   
Price quotes of 98.5-percent lysine were lower in the range of RMB8.10-8.40/kg.
   
   
Shrinking supplies will lend some support to lysine market, preventing sharp falls in prices.
   
   
RMB1=US$0.1611 (Jul 22)
   
   
   
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