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Raw material markets hit by energy crunch, environmental push

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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 waiting in Shanghai,…

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