A combination of supply chain events have created more volatility and higher additive prices; they range from the extended spring holidays in China, costly grains, sugar and oil, as well as dysfunctional freight markets and lockdowns in Hebei, Hubei,...
Kemiex sees rising ingredient prices for a set of reasons: freight related disruptions and charges, a new wave of COVID-19 lockdowns, elevated raw material prices for fermented feed additives and dollar weakness.
Preliminary data from Swiss feed additive price watchers, Kemiex, for the current year suggests significant price volatility for the majority of products, with amino acids in particular posting higher price fluctuations than in 2019.
