January 30, 2013
China lysine buyers turn cautious
Lysine prices were mostly unchanged during the week ending January 30.
Prices of lysine remained flat in most parts of China amid dwindling demand. Although several producers increased price quotes, trade remained light as most feed millers have stockpiled substantial inventories.
Price quotes of 98.5-percent lysine were unchanged at RMB13.30-13.50/kg.
Sales of lysine are expected to be slow amid flat demands, holding prices at current levels.
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