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China lysine market stable amid softer demand

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Publish time: 30th September, 2014      Source: www.cnchemicals.com
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September 30, 2014
   
   
China lysine market stable amid softer demand
   
   
   
Lysine prices were unchanged during the week ending September 30.
   

Demand for lysine dwindled as feed millers gradually reduced output with pre-festive purchasing of livestock products coming to an end. Nevertheless, as supply remained tight amid low production rates, lysine prices stayed firm over the week.
   

Average transacted price remained unchanged atRMB10.18/kg.
   

Although production will remain low due to limited availability of corn, lower corn costs will help to hold down the prices of lysine.
   
RMB1=US$0.1628 (Sep 30)
   
   
   
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