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Lysine hydrochloride prices in the US softened through July 2024 after starting the month firm. Lower freight rates and cheaper raw material costs eased production and logistics pressure, while demand slowed in North America.
Lysine is a key synthetic amino acid in feed rations, so cheaper lysine lowers formulation costs for feed buyers and can ease pressure on protein-feed budgets.
chemanalyst.comAug 2, 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.
