China lysine market shows signs of stabilising

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Publish time: 20th April, 2016      Source: www.efeedlink.com
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April 20, 2016

   

   

China lysine market shows signs of stabilising

   
   

Lysine prices were stable to lower during the week ending April 19.
   


Demand for lysine was stable as feed millers increased stockpiles in preparation for the May Day holidays. Meanwhile, lysine availability tightened as producers limited production, hence helping to stabilise prices in several regions.

   


Price quotes of 70-percent lysine were at RMB4.40-4.50/kg.

   


Pre-festive buying in the coming week should lend support to lysine prices in conjunction with lower availability.

   

RMB1=US$0.1546 (Apr 19)
   
   
   
The full market report (with complete data) of this excerpt is available here.
   

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