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Domestic lysine price maintains gloomy in recent three months

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

 

Feed lysine excluded in lysine enjoying new export rebate

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.