Raw material markets hit by energy crunch, environmental push

 Raw material markets hit by energy crunch, environmental push

So says Swiss trading software and information platform operator, Kemiex, following its recent in-depth analysis of headwinds in relation to food, feed, and pharma ingredients flow. 

“Global manufacturing and supply chains for additives and chemicals are affected by reduced availability and a surge in prices for energy, natural gas, coal, phosphorus, and other feedstock.

“In China, policies concerning energy usage and emissions are creating additional, severe near-term supply risks,”​ Stefan Schmidinger, partner told FeedNavigator.

Dysfunctional freight markets

Those additional supply pressures come on top of the long-standing dysfunctional freight markets, he said.

The industry has been faced with escalating freight prices for a year now. Only a few industry insiders believe a significant improvement will happen on shipping costs before mid-2022, said Schmidinger.

“These days there is an increasing number of ships…

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