September 1, 2015
China lysine prices stay flat amid light trade
Lysine prices were flat during the week ending September 1.
Trade was light in the lysine market as feed millers held back purchases with ample stocks in hand.
Price quotes of 65-percent lysine and 70-percent lysine were at RMB5/kg and RMB5.20-5.30/kg respectively.
Although demand will increase due to higher animal releases during September, lysine prices are unlikely to firm up with hog population diminishing.
RMB1=US$0.1568 (Sep 1)
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