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Container freight rates ex-China are bottoming out and rising slightly on several trade lanes, prompting buyers to look at lysine HCL and lysine sulphate for additional Q1 volumes. FOB China threonine prices were cut slightly by some suppliers to trigger sales after earlier increases.
Methionine is weak with Q4 mostly contracted, and European local prices have firmed due to the weaker euro.
Rebounding freight is pushing buyers to lock in Q1 lysine cover, which could support prices if demand picks up. Weak methionine and threonine pricing keeps the broader amino acid complex soft.
foodagribusiness.worldFeed additive pricesOct 16, 2024Not enough comparable past events yet for a historical read.
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.
