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Chinese lysine HCl suppliers have stopped offering material in an effort to lift prices, after FOB China prices had fallen to very low levels. Methionine remains firm, with spot prices rising in Europe and Q2 offers moving higher on tight availability and low inventory.
Halted Chinese lysine offers tighten near-term supply for European and US buyers, who are already facing shipping delays from China, which points to firmer lysine prices. Tight methionine availability supports higher feed additive costs for compound feed makers.
foodagribusiness.worldFeed additive pricesFeb 28, 2024Not 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.
