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North American lysine hydrochloride import prices are expected to decline steadily through December 2024. Subdued holiday demand from the animal husbandry sector and ample inventories weakened the market.
Increased production in China and other APAC exporters also added to the oversupply.
Oversupply from Asian exporters and weaker buying put downward pressure on lysine costs for North American feed mills. Buyers can expect cheaper amino acid inputs in the near term.
chemanalyst.comJoseph DennieDec 30, 2024Not 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.
