Feed prices in China continued to strengthen as companies hiked prices following higher raw material costs.
Major animal feed producers including Chai Tai, Haid Group, and New Hope have all announced price increases. Raw material products have risen sharply in the past month, with May Dalian soybean meal futures rising over 17%.
Aquaculture feed prices have gained between 200-500 yuan/ton during the same period, and concentrate feed for poultry and livestock rose between 200-300 yuan/ton.
This r...