October 27, 2015
Lysine prices stay flat in China
Lysine prices remained unchanged during the week ending October 26.
As corn prices dropped substantially of late, lysine producers maintained high output amid low production costs while holding prices flat.
Price quotes of 98.5-percent lysine remained around RMB7.60/kg.
Slack demand for animal feed, a weak soymeal market and plentiful supplies will exert pressure on the lysine market.
RMB1=US$0.1574 (Oct 27)
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