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Chinese producers slash lysine prices amid dwindling demand

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Publish time: 23rd September, 2015      Source: www.cnchemicals.com
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September 23, 2015
   
Chinese producers slash lysine prices amid dwindling demand
   
   
   
Lysine prices dropped considerably during the week ending September 22.
   

Sales of lysine slowed after buyers have stockpiled sufficient inventories to last until mid-October. Eager to clear mounting stocks, producers slashed prices in efforts to stimulate demand, but to no avail.
   
   
Price quotes of 70-percent lysine were lower at RMB4.80-5/kg respectively.
   
   
RMB1=US$0.1566 (Sep 23)
   
   
   
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