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Reasons for the increase include China significantly scaling back its production of vitamins A and E in an effort to reduce factory emissions, and a large fire at the BASF plant in Ludwigshafen, Germany.
This plant is one of the world’s primary suppliers of vitamins and colourants and it is not expected to be up and running again until April at the earliest, putting unprecedented demand on the rest of the world’s supply.
Both Martin Humphrey of Humphrey Feeds and Russell Crang of Crediton Milling have warned The Ranger of spiralling vitamin costs.
"The cost of vitamin A has risen from €20 a kilo to €350 a kilo," said Martin Humphrey. Although a small part of feed ingredients, the size of the increase is likely to add to feed costs for some time.
https://www.theranger.co.uk/News/Large-fire-at-German-vitamin-plant-trigg-_26357.html
This plant is one of the world’s primary suppliers of vitamins and colourants and it is not expected to be up and running again until April at the earliest, putting unprecedented demand on the rest of the world’s supply.
Both Martin Humphrey of Humphrey Feeds and Russell Crang of Crediton Milling have warned The Ranger of spiralling vitamin costs.
"The cost of vitamin A has risen from €20 a kilo to €350 a kilo," said Martin Humphrey. Although a small part of feed ingredients, the size of the increase is likely to add to feed costs for some time.
https://www.theranger.co.uk/News/Large-fire-at-German-vitamin-plant-trigg-_26357.html