Loading…
Chinese domestic lysine prices climbed strongly in January 2021, with 98% lysine content above 11 yuan/kg as of January 22, the highest since 2016. Manufacturers raised prices as corn costs at deep-processing plants rose by about 200 yuan/ton within a month.
Pig herd recovery is also expected to lift feed demand.
Higher corn costs and rising pig feed demand support lysine prices, which raises the cost of amino acid supplementation in feed formulations. Buyers should expect firm lysine pricing while corn stays elevated.
en.cnagri.comJan 26, 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.
