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Lysine hydrochloride has shown the steepest price drop among amino acids since early June, while vitamin A, inositol and vitamin C are under selling pressure according to Kemiex. Evonik announced a US$0.35/kg increase in MetAMINO prices in Latin America, following a similar move in China three weeks earlier.
A recent fire at a CJ CheilJedang methionine plant is also noted.
Methionine and lysine are core synthetic amino acids in feed formulation, so a price rise in methionine raises least-cost ration costs for poultry and swine producers, while lysine weakness eases them. Falling vitamin prices lower premix costs.
agnavigator.comJane ByrneJul 26, 2022Not 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.
