Chinese lysine prices are nearing historic lows after a slight further decline, with some manufacturers now selling below cost. High Chinese corn costs are raising fermentation expenses, while US and European lysine prices remain weak.
Threonine prices in China have edged up on rising corn and freight costs, and methionine and tryptophan are stable.
Chinese producers operating below cost may cut output, which could eventually firm lysine prices, but near-term oversupply keeps downward pressure on feed amino acid costs for buyers. Higher corn costs add to producer expenses.
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.