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Chinese lysine sellers cut prices amid slow trade
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Chinese lysine sellers cut prices amid slow trade
Keyword:
Publish time:
9
th
March, 2016
Source:
www.cnchemicals.com
Information collection and data processing: CCM For more information, please
contact us
March 9, 2016
Chinese
lysine
sellers cut prices amid slow trade
Lysine prices were moved lower the week ending March 8.
End-users who have stockpiled inventories before Chinese New Year continued to hold back procurements as feed
consumption
was slow. Producers and traders were therefore under pressure to cut prices amid mounting inventory pressure.
Price quotes of 70-percent lysine slid to RMB5-5.30 /kg.
RMB1=US$0.1534 (Mar 9)
The full market report (with complete data) of this excerpt is available
here
.
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