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Feed-grade Lysine Hydrochloride prices kept falling through November 2023 in the US and globally, while food-grade lysine prices rose month over month. Market experts attributed the feed-grade decline to amino acid production far exceeding downstream demand, with heavy Chinese producer competition for market share.
Cheaper lysine lowers the cost of amino acid supplementation in feed rations, giving feed formulators room to reduce costs but signalling weak pricing power for amino acid producers.
chemanalyst.comSasha FernandesDec 7, 2023Not 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.
