# Supply-Demand Shifts: The Softening of Lysine Hydrochloride Prices in July 2024

> 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.

- Date: 2024-08-02 · published 2024-08-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29131-supply-demand-shifts-the-softening-of-lysine-hydrochloride-prices-in-july-2024
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: neutral

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/supply-demand-shifts-the-softening-of-lysine-hydrochloride-prices-in-july-2024-29430

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.