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Tight supply lifts China lysine prices

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Publish time: 17th September, 2014      Source: www.cnchemicals.com
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September 17, 2014
   
   
Tight supply lifts China lysine prices
   
   
   
Lysine continued to rise during the week ending September 16.
   
   
Operation rates were low as shortages of ingredients compelled producers cut output. As supply tightened while demand remained firm, prices of locally-produced products rose to RMB10/kg or higher in China.
   
   
Price quotes of 98.5-percent lysine surged to the range of RMB10-10.50/kg.
   
   
RMB1=US$0.1627 (Sep 17)
   
   
   
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