FOB China amino acid prices have edged up slightly for lysine, with restricted offer volumes, while buying continues in China and Latin America and Europe and the USA stay quiet. Most Q4 volumes are already contracted, with some Q1 deals secured at historically low prices.
Threonine prices are at record lows with weak demand, and tryptophan keeps declining on oversupply.
Low amino acid prices reduce feed formulation costs for compounders, but persistent oversupply and weak demand suggest limited near-term price recovery for lysine, threonine and tryptophan.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.