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China's lysine market shows signs of stabilising

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Publish time: 5th December, 2013      Source: www.cnchemicals.com
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December 5, 2013
   
   
China's lysine market shows signs of stabilising
   
   

Lysine prices were stable to lower during the week ending December 4.
   

As soymeal prices tumbled after a momentary surge lately, the demand for lysine weakened while feed millers held back purchases.
   

Price quotes of 98.5-percent lysine stayed in the range of RMB8.80-9/kg.
   
Demand will likely pick up gradually during December with feed consumption improving and buyers stockpiling inventories in preparation for the Chinese New Year market.
   
   
RMB1=US$0.1641 (Dec 5)
   
   
   
The full market report (with complete data) of this excerpt is available here.
   
   
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