Demand improves but fails to lift China lysine prices

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Publish time: 5th April, 2016      Source: www.cnchemicals.com
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April 5, 2016
   
Demand improves but fails to lift China lysine prices
   
   

Lysine prices dipped further during the week ending April 5.
   

Although demand improved lately as feed millers restocked depleting inventories, cautious mood curtailed the sales of lysine. As supplies of lysine remained plentiful, producers continued to cut prices amid strong competition.
   
   
Price quotes of 70-percent lysine slid to RMB4.40-5/kg.
   
   
RMB1=US$0.1546 (Apr 5)
   
   
   
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