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Chinese customs data show September 2020 lysine exports rose 32% year-on-year to 63,000 tons, with average export prices down 3.7% month-on-month to US$900.46/ton. Methionine imports also rebounded, with solid methionine imports at 22,700 tons in September.
Strong Chinese lysine export volumes amid expanded domestic capacity keep global amino acid prices under pressure, which lowers feed formulation costs for buyers. Rising methionine imports point to firm demand for that amino acid.
echemi.comNov 20, 2020Not 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.
