August 4, 2015
Production cuts hold China lysine prices stable
Lysine prices stayed unchanged during the week ending August 4.
Overall, lysine prices stayed stable while feed millers limited buying while soymeal prices continued to slide.
Price quotes of 98.5-percent lysine remained in the range of RMB8.20-8.50/kg.
As large producers cut output or halt production for maintenance, tight availability will help to underpin the prices of lysine.
RMB1=US$0.1610 (Aug 4)
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