How does the Group regulate the price of protein lysine?
Theoretically the price of protein lysine should be set at 65% to that of 98-lysine according to its lysine concentration. We offered some discounts of around 60% on lysine’s price for this product when it was first launched in 2004 to gain acceptance by our clients. The product was quickly absorbed by the market since the feed producers benefited from the lower price with free additional protein. Currently, the product is selling at a price of about 50-55% of the lysine’s price.