
South Korean company Daesang shipped an initial 20 tonnes of feed-grade lysine to Brazil on November 6 after obtaining the required approvals with support from South Korea’s agriculture ministry. The company aims to export about 1,200 tonnes worth $2 million next year and says it may expand shipments depending on market response.
The new export channel adds a potential source of lysine for Brazilian feed buyers and could increase competition in a market with substantial livestock demand. The initial volume is small, so near-term effects on prices are likely limited.
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