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US lysine hydrochloride prices rose in March as consumption rebounded across amino acids in North America and globally. The US Manufacturing PMI rose to 50.3% from 47.8%, with the New Orders and Production indexes also increasing.
Analysts expect the upward trend to continue.
Stronger US manufacturing demand and rising lysine consumption point to higher lysine prices for feed formulators in the near term.
chemanalyst.comFrancis StokesApr 11, 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.
