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Amino acid activity in Europe remains relatively strong as Q3 buying picks up, while FOB China prices have held steady at a higher level. Container freight to Europe is firming and the euro has weakened against the dollar.
Local stocks are low, and delayed cargo is needed to restore buffers.
Firmer freight and a weaker euro raise landed lysine costs for European feed buyers, supporting prices as Q3 buying builds.
foodagribusiness.worldFeed additive pricesApr 24, 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.
