echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > Feed prices soared by 30% due to the shortage of raw materials

    Feed prices soared by 30% due to the shortage of raw materials

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Introduction: new page 1 "in October alone, the price of our feed has been adjusted four or five times, and the average price is refreshed once a week." The feed director of Tongwei Co., Ltd said yesterday that the price of lysine broke through the historical high price this year and soared by 160%, exerting great pressure on the feed industry and forcing the feed price to soar by 30% This is the biggest impact of raw material price increase on feed industry The price rise of lysine, the main raw material of feed, is mainly due to the shortage of supply The data shows that the annual demand for lysine is about 80000 tons in China, while the actual annual production capacity of China is less than 30000 tons The reporter inquired in China feed information network yesterday that the lysine in Chengdu was in the "out of stock" state on the whole yesterday, and only one market was sold, all of which were "price negotiable" According to the relevant directors of new hope group and Tongwei group, this pattern of supply and demand has lasted for several months It is reported that after entering September, the market price of lysine increased by 160% In the first half of the year, the price of lysine was only more than 30000 yuan per ton Now, the price has risen to 50000 yuan per ton, a record high Soybean meal also joined in the price increase because of the global production reduction, more than double the first half of the year, up 40% - 50% this month alone According to the analysis of the insiders, its impact on related industries will appear in a period of time ZkN
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.