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The veterinary API market fell through 2023 to record lows amid weak livestock demand in China. Early-2024 monthly indices show prices flat to slightly lower, with some products rebounding and others easing.
Weak veterinary API prices reflect a downturn in China's livestock sector, which dampens demand for feed inputs and signals soft domestic animal-health spending.
en.engormix.comRonnick FONGFeb 5, 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.
