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China Starch issued a profit warning expecting 2025 pre-tax profit to fall about 64% from 2024 on higher corn kernel costs and an oversupplied lysine market. Lysine prices fell sharply in the second half of 2025, and anti-dumping cases reduced export orders.
The warning highlights weak Chinese lysine pricing and oversupply, which keeps amino acid prices low for feed compounders, while higher corn costs squeeze processors' margins.
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