We’re working with Glowlit to bring you weekly highlights on a selection of feed additives, to give you a sneak peak into global price movements.
Vitamin B6 (Pyridoxine)
After a spike of 92% from February to March of this year, the global price of Vitamin B6 (Pyridoxine) came back down to $25.1 per kg, said Glowlit.
"However, if we zoom out and look at the last two years of data, we see that this pales in comparison to the price at the beginning of 2018 when Pyridoxine reached above $70 per kg."
The global price of Vitamin C 99% continues to move upward with no ceiling in sight, said the analysts. Vitamin C 99% is currently being traded at a price of around $5.95 per kg, with the highest quote on Glowlit reaching $9.5 per kg.
Head directly to Glowlit to see free price reports specific to your region.
Glowlit works by crowdsourcing market intelligence from industry professionals around the world. Users anonymously share a quoted or purchased price in exchange for a detailed price report on a product of interest. Its price reports are based on over 20,000 price entries. Each one has been cross-referenced and validated across multiple touch points - including both algorithm and human-based verification. In doing so, Glowlit is able to ensure that rapid shifts in prices are accurately reflected within the system.
To access a verified price report on one of 50 different feed additives, visit Glowlit and anonymously share a quoted or purchased price for your product of interest.
Glowlit users receive weekly emails with trend directions for their products of choice. Interested in a deeper look at the trend? Visit Glowlit to access a detailed price report on any of the products listed.
After an increase of 55% in the global price of Folic Acid from February to March 2020, the price decreased to $40.2 per kg. Industry experts still recall the sky high prices of around $116 per kg in the summer of 2019.
Overall price trends
Additionally, you can view the price trend direction for a few of the products available on the market intelligence platform: