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Feed-grade amino acid demand is expected to grow, and the cost of these additives is rising mainly because of freight rather than ingredient prices. FOB China prices for lysine, threonine, tryptophan and valine softened in the first half of 2024.
The container freight rate from China to the Americas and Europe has increased significantly, with further upward potential through the summer.
Freight, not product price, is now the main driver of delivered amino acid costs for buyers in the Americas and Europe. Delivered prices are likely to stay elevated through the summer even though FOB prices have eased.
dairyherd.comJun 28, 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.
