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Chinese veterinary API prices were stable through August, with florfenicol falling to a record low of 179 yuan/kg. Doxycycline hydrochloride eased slightly while tylosin and tilmicosin held firm, and sulfachloropyridazine, spectinomycin and lincomycin turned tight on short supply.
Market analysts note limited terminal demand and that prices depend on manufacturers' strategies.
These are veterinary drug inputs rather than feed commodities, so the effect on feed grain and protein prices is minimal. Lower antibiotic API costs may ease medicated feed costs modestly.
en.engormix.comRonnick FONGOct 14, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
