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Buoyant demand strengthens lysine prices in China
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Buoyant demand strengthens lysine prices in China
Keyword:
Publish time:
4
th
May, 2016
Source:
www.cnchemicals.com
Information collection and data processing: CCM For more information, please
contact us
May 4, 2016
Buoyant demand strengthens
lysine
prices in China
Lysine prices rebounded during the week ending May 3.
Lysine demand was buoyant before the May Day holidays as feed millers stocked more than they initially planned, while CBOT soy futures prices rose for most parts of the week. Hence, producers lifted prices amid low inventory pressure.
Price quotes of 70-percent lysine were higher at RMB4.60-5/kg.
RMB1=US$0.1538 (May 4)
The full market report (with complete data) of this excerpt is available
here
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