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Expana will begin publishing twice-weekly benchmark prices for lysine sulphate FOB São Paulo starting September 24, 2024. The decision follows a feedback period on a market note issued July 30.
A new transparent South American lysine benchmark improves price discovery for feed buyers in Brazil and wider Latin America, but it does not by itself move prices.
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.