HomeProduct Complimentary download Competition prompts China lysine producers to cut prices

Competition prompts China lysine producers to cut prices

Keyword:
Publish time: 28th December, 2012      Source: www.cnchemicals.com
Information collection and data processing:  CCM     For more information, please contact us
   
   
December 28, 2012
   
   
Competition prompts China lysine producers to cut prices
   
   
   
Prices dropped marginally during the week ended December 25.
   
   
China's lysine market remained weak as producers competed to boost sales before the year ended. In view of stable hog and broiler demands ahead, feed millers and livestock producers continued to stock inventories. Albeit prudently.
   
   
Price quotes of 98.5-percent lysine lowered to RMB13-13.45/kg.
   
   
Most buyers have stocked substantial inventories lately. Lysine prices are expected to stay soft amid flat demand.
   
   
   
The full market report (with complete data) of this excerpt is available here.
   
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.