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The price of lysine for animal feed in Indonesia rose to USD 1.43/kg from USD 1.14 previously, according to a supplier. The increase follows an August government circular requiring importers to meet non-GMO rules for imported biological products, probiotics, enzymes and amino acids.
A regulatory non-GMO requirement is tightening Indonesian lysine supply and lifting feed amino acid costs, raising formulation costs for Indonesian feed producers.
asian-agribiz.comArief FachrudinNov 3, 2019Not 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.
