Tangrenshen (002567.SZ) told investors on its interaction platform, in a reply dated 19 September, that its biofermentation technology can replace part of soybean meal use and cut purchases of fermented soybean meal. It also said synthetic biology has allowed minor amino acids to be used in feed, lowering soymeal use.
Wider use of fermentation-based protein and synthetic amino acids trims long-run soybean meal demand at the margin, which is mildly bearish for SBM and bullish for amino acid suppliers such as lysine.
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.