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The Chinese feed additive market was steady and volatile in week 39 of 2020. Vitamin A prices were 400-430 yuan/kg and weakened, with BASF halting orders at German VA and AD3 plants in Q3 on quality problems and limiting Q4 supply.
Threonine and tryptophan were stable to strong.
Limited Q4 vitamin A supply from BASF and the Xinhecheng accident support vitamin prices, while stronger tryptophan lifts amino acid costs for feed compounders.
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.