# US Lysine Hydrochloride Prices Recuperate in the Mid Q3 of 2023

> US lysine hydrochloride prices rose steadily in early August 2023, recovering from a sharp drop the prior month. Higher sugar costs used in fermentation, rising manufacturing costs and firmer domestic and overseas inquiries supported the uptick.

- Date: 2023-08-24 · published 2023-08-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34920-us-lysine-hydrochloride-prices-recuperate-in-the-mid-q3-of-2023
- Commodities: [Lysine](https://feedsoft.ai/c/LYSINE.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lysine is a key synthetic amino acid in feed formulation, so firmer lysine prices raise the cost of complete feed and can pressure buyers' margins. Higher sugar and soybean meal costs reinforce the upward pressure.

## Read by commodity

- SBM: bullish ▲
- LYSINE: bullish ▲

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/us-lysine-hydrochloride-prices-recuperate-in-the-mid-q3-of-2023-19292

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