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Glowlit reports that choline chloride prices have started to fall as ethylene oxide and trimethylamine supply stabilised and feed demand eased in China. Global DDP price entries are down 28% from their February 2021 peak.
Vitamin B3 prices are steadily rising from a low of about 5.5 USD per kg.
Lower choline chloride prices reduce the cost of additive packs for poultry and swine feed, while rising vitamin B3 costs add to premix expenses. Neither ingredient is in the tracked commodity list, so the effect on grain and protein prices is minimal.
poultrytimes.comStaff EditApr 26, 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.
