# South Korea And China's Lysine Alliance - Trade News - News - Zhejiang Yaofi Bio-Tech Co.,Ltd

> South Korea's Daesang signed a contract to transfer its lysine technology to China's Chengfu Group for 10 billion won (about $8.82 million). The partners plan to extend the alliance to chemicals beyond animal feed, and Daesang expects its lysine capacity to rise from 500,000 to 700,000 tons.

- Date: 2018-10-24 · published 2018-10-24T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/62451-south-korea-and-china-s-lysine-alliance-trade-news-news-zhejiang-yaofi-bio-tech
- Commodities: [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Added lysine capacity in China and Korea increases global feed amino acid supply, which can pressure lysine prices and compete with existing producers. For feed buyers, this points to a more abundant amino acid supply over time.

## Read by commodity

- LYSINE: bearish ▼

## Sources

- yaonutrition.com: https://www.yaonutrition.com/news/south-korea-and-china-s-lysine-alliance-18533787.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.