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Subdued demand weakens China lysine market

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Publish time: 27th August, 2015      Source: www.cnchemicals.com
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August 27, 2015
   
   
Subdued demand weakens China lysine market
   
   
   
Lysine prices moved lower during the week ending August 25.
   
   
Demand for lysine remained slack as hog population continued to dwindle amid insufficient piglet production. With production costs staying low due to weak corn prices, lysine producers cut prices in efforts to entice buyers.
   
   
Price quotes of 65-percent lysine and 70-percent lysine were at RMB5/kg and RMB5.20-5.40/kg respectively.
   
   
RMB1=US$0.1553 (Aug 27)
   
   
   
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