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Chinese producers slash lysine prices amid dwindling demand
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Chinese producers slash lysine prices amid dwindling demand
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Publish time:
23
rd
September, 2015
Source:
www.cnchemicals.com
Information collection and data processing: CCM For more information, please
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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)
The full market report (with complete data) of this excerpt is available
here
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