The first quarter of 2023 brought some long-awaited, yet below average, feed additive replenishment buying; however, April was a weak month for global trade flows in the sector, finds a report from Kemiex.
Prices for amino acids including lysine, threonine and tryptophan are showing a slight downward trend from the record-highs of late, according to data from Swiss trading and data platform, Kemiex.
You shouldn’t be asking if your business is essential, but how prepared your essential business is to maintain supply and service during a lockdown, says Guy Soreq, co-founder of Israel-based data provider, Glowlit.
The global feed amino acids market is projected to grow to US$6.66bn by 2022 from a baseline value of US$5.37bn in 2017, according to analysts at MarketsandMarkets.