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China's customs data show lysine and lysine salts export volume fell 32.4% month-on-month to 58,500 tons in April 2021, down 29.3% year-on-year, while the unit export price rose 57.5% year-on-year to about $1,432 per ton. January-April exports totaled 268,700 tons, down 4.8% year-on-year.
China also imported solid methionine products in April, down 28% from March but up 24.2% year-on-year.
Lower Chinese lysine export volumes tighten global amino acid supply for feed formulators, supporting higher prices for lysine and methionine used in feed rations. Elevated unit export prices signal firm feed additive costs for buyers.
echemi.comMay 28, 2021Not 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.
