Loading…
A December 2018 newsletter on feed additives reports Vitamin A prices rose about 111% in November amid tight supply, with domestic China prices at 540-560 yuan/kg and European VA1000 rising from 61 to 80-85 euros per kilo. Low Rhine River water levels restricted barge transport to BASF's Ludwigshafen plant, which halted TDI production, and BASF China reportedly cut Vitamin A and Vitamin E supply.
Vitamin premixes are a cost input for compound feed makers, so sharply higher Vitamin A and E prices raise formulation costs. Rhine logistics disruptions tighten chemical and additive supply, which could keep feed additive prices elevated into 2019.
en.engormix.comRonnick FONGDec 10, 2018Not 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.
