
Daesang Corp. said it will add tryptophan production lines at its lysine factory in Gusan, South Korea, in the second half of 2019 and is preparing equipment orders. Tryptophan and lysine are fermentation-made amino acid feed supplements for livestock.
The company cited a supply shortage lifting the global tryptophan market's value.
New tryptophan capacity adds supply to a tight amino acid market used in pig and poultry rations, which could support feed additive prices over time but is a small change for feed grain markets.
Not 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.