South Korea’s Daesang held a ceremony for its first shipment of about 20 tonnes of lysine to Brazil. After winning approval for its manufacturing facility and product registrations, the company plans to export 1,200 tonnes worth $2 million next year and expand into Latin America.
The deal opens a new export market for Korean lysine and provides Brazilian feed producers with an additional source of the amino acid. The planned volume is modest, limiting the likely impact on broader lysine prices.
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