A November 2020 Chinese veterinary raw materials market review reports flat overall performance, with florfenicol, tylosin, tilmicosin and other antibiotic categories rising steadily. Doxycycline prices are easing, and Chinese vitamin markets remain sluggish with heavy inventories.
Lysine quotations in China increased.
Rising Chinese lysine and antibiotic feed-additive prices raise the cost of compound feed inputs, while weak vitamin pricing offers some offset. The overall effect on feed-ingredient prices is modest.
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.