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Price hikes slow in China lysine market

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Publish time: 24th September, 2014      Source: www.cnchemicals.com
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September 24, 2014
   
Price hikes slow in China lysine market
   
   

Lysine were stable to higher during the week ending September 23.
   
   
Lysine supply stayed tight in China, helping prices to consolidate higher during the period in review. Nevertheless, as hog prices weakened of late while lysine remained costly, feed millers limited purchases, resulting in slower price increments.
   
   
Price quotes of 98.5-percent lysine were in the range of RMB9.60-10.50/kg.
   
   
Lysine market will remain firm with supply tight and livestock feed demand strong before October's long holidays.
   
   
RMB1=US$0.1630 (Sep 24)
   
   
   
The full market report (with complete data) of this excerpt is available here.
   
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