Producers cut lysine prices in China amid rising inventory pressure

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Publish time: 11th August, 2015      Source: www.cnchemicals.com
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August 11, 2015

   

   
Producers cut lysine prices in China amid rising inventory pressure
   
   
   
Lysine prices dropped during the week ending August 11.
   
   

A handful of large lysine producers attempted to hold up prices but in vain, as most producers, who were eager to clear bloating inventories, cut prices in a bid to entice buyers.

   

   

Price quotes of 98.5-percent lysine fell to the range of RMB8-8.40/kg.

   

   

With exports slowing and domestic sales limited, lysine market will be under pressure.

   

   
RMB1=US$0.1587 (Aug 11)
   
   
   
   
   
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