Affected by the oversupply, the domestic lysine price has been dropping since Sept., from USD1,472/t to USD1,258/t in Nov.

On 31 Dec., 2014, the Ministry of Finance of China (MOF) adjusted partial products’ export rebate, including raising the export rebates of some high value added products, corn processed products and textile clothes, which had been implemented since 1 Jan., 2015. Lysine is included in one of the products.