# US Amino Acid Market Continue to Plummet Owing to Excessive Supply With Abated Demand

> A market commentary says US amino acid prices are expected to keep declining through August 2023 amid excess supply, weaker purchasing and increased Chinese exports. It also cites a weaker dollar, higher energy costs and Federal Reserve rate increases. Conditions in the US are described as slowly improving but still sluggish.

- Date: 2023-08-03 · published 2023-08-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34932-us-amino-acid-market-continue-to-plummet-owing-to-excessive-supply-with-abated
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md), [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Excess supply and sluggish buying point to continued softness in US lysine and methionine prices, which lowers feed formulation costs for buyers.

## Read by commodity

- METH: bearish ▼
- LYSINE: bearish ▼

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/us-amino-acid-market-continue-to-plummet-owing-to-excessive-supply-19013

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