Relief on Threonine prices, supply issues for Vitamin B2
Through the Glowlit feed additives pricing platform, we bring you weekly highlights on a selection of feed additives, so that readers get a sneak peek at global price movement. You can also head directly to Glowlit itself to see free price reports specific to your region.
Glowlit works by crowdsourcing market intelligence from industry professionals around the world. Users share a quoted or purchased price in exchange for a price report on a product of interest. This week saw Glowlit more than doubled the number of feed additives available on its platform. You can search for over 50 products, with new reports being added each day.
L- Threonine 98.5%
Last month, the price of Threonine spiked due to shortages in stock outside of China. As of April, spot buyers are seeing some relief with a drop of 27% in the global price. The current price is estimated at $1.56 per kg with the lowest price recorded reaching $1.25 per kg.
L - Threonine 98.5% price trends
Vitamin B2 80%
A production line for Vitamin B2 80% based in Korea has lowered output resulting in global supply issues. Since the beginning of March, spot buyers around the world paid 15% more for Vitamin B2. The current price is estimated at $18.8 per kg with the highest sale recorded reaching $19.7 per kg, according to the market intelligence provider.
Vitamin B2 80% price trends
Vitamin B12 1%
After a downward trend in price in 2019, spot buyers of Vitamin B12 1% are seeing price increases. Since February, spot buyers around the world have paid 33% more for Vitamin B12 1%. The current price is estimated at $27.7 per kg with the highest sale recorded reaching $27.9 per kg, said Glowlit.
Vitamin B12 1% price trends
Overall feed additive price trends
Additionally, you can check out the price trend direction for feed additive products available on Glowlit. Visit the platform to access a detailed report on any of the products listed, including historical price trends and volume to price breakdown.
Price Trend Direction
