# Global rise in Amino Acids prices is expected throughout the second quarter of 2024

> Global amino acid prices have risen through early Q2 2024, and the trend is expected to continue. Feed producers are revising purchasing strategies as mainstream factories withhold price reporting. A Chinese firm, Xinghu Technology, plans a 3 billion RMB facility to process about 600,000 tons of corn.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/31085-global-rise-in-amino-acids-prices-is-expected-throughout-the-second-quarter-of
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Rising amino acid prices raise feed costs, and new corn processing demand in China could add to corn use for amino acid production.

## Read by commodity

- CORN: bullish ▲
- LYSINE: bullish ▲

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/global-rise-in-amino-acids-prices-is-expected-throughout-the-second-quarter-of-2024-27587

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