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Showa Denko will raise glycine selling prices by at least 50 yen per kg for shipments from September 16. The company cites rising raw material, packaging, logistics and equipment maintenance costs.
The increase reflects broad cost inflation in amino acid production, including freight, which keeps specialty feed and food additive prices elevated. The effect on grain and oilseed prices is minimal.
en.lnews.jpLNEWS編集部 山内Aug 30, 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.
