Loading…
China's National Development and Reform Commission issued an energy-consumption target barometer on August 12, 2021, flagging nine provinces whose energy intensity rose in the first half of 2021. Those provinces face tighter review of energy-intensive projects and stricter controls on energy use.
The article notes that vitamin production is concentrated in eastern provinces and that about 35 other chemicals, including potassium chloride, are affected by the power curbs.
Energy-use curbs on chemical plants can tighten supply of feed-relevant inputs such as potassium chloride and some feed additives, supporting prices for those inputs. The impact on feed vitamins is described as limited so far.
zagro.comOct 12, 2021Not 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.
