If feed prices increase again, what will happen to this industry?

Not all feed prices have increased, and raw materials have not risen as sharply as some companies said. The recent increase in raw material prices may be slightly narrowed or slightly weakened. As for the reason, there is no single reason. The exact answer.

Three consecutive price increases by feed companies have attracted media attention

Because some feed manufacturers have raised the prices of raw materials, this has led to joint price increases for feeds. Within three months, several feed industries have experienced significant increases. Some manufacturers even increased the price of feed three times in a row. This sharp rise in prices has also attracted the attention of CCTV. According to CCTV reports, from 8 Since the beginning of March, many companies have issued feed price increase notices, with prices rising by 75 to 100 yuan per ton. Manufacturers' compound feeds have also increased by about 100 yuan. What exactly happened and why are there intensive price adjustments?

According to the investigation, both Changde Tongwei Aquatic Feed and Hanshou Tongwei Feed stated that due to the recent sharp increase in the price of raw materials, in order to ensure product quality and safeguard the fundamental interests of customers, they decided to The price of aquatic feed has been increased, including the price of conventional pellet feed and conventional extruded feed, which has also increased by 100 to 125 yuan per ton. Will these two representative companies start to increase prices one after another to mobilize the general price increase in Hunan's aquatic feed industry? We don't know that yet.

Costs are rising, but price increases are not the norm

Follow-up relevant personnel also interviewed some business representatives and learned that many aquatic feed industries in Hunan have also suffered from rising raw material prices. There is generally a feeling of greater pressure, but most industries have not followed the price increase, but they have also expressed plans to increase prices in the near future. The relevant person in charge of Hunan Haid said that although the company has not issued a price increase announcement yet, price increases have been put on the agenda, and said that it is expected that it will become the norm for the industry to increase feed prices in the near future. However, there are also some companies interviewed He said that there is no price increase at present, but in order to ensure the quality of the product, the price will be adjusted to a certain extent in the future. Because the company always adheres to quality issues, it is normal for the price to increase slightly to ensure the cost, especially for the same grade this year. The price of pellets is higher than the price of some companies that have increased their prices.

However, some company representatives also said that they have not noticed a significant increase in raw material prices so far, so the price increases of some companies are just a false shot. At present, many feed manufacturers in Hubei have not only not adjusted their prices, but Instead, they are still doing pickup promotions.

Companies are cautious about price increases

But we can learn from the actual factory data that the futures price of soybean meal exceeded 2,900 yuan per ton in August this year. The price in the short term It may continue to weaken, and according to the China Feed Industry Information Network, CFT policy controls have been launched, and the corn auction will usher in a wave of cooling. The recent price increase of raw materials will significantly narrow or weaken, but in reality The price of soybean meal has increased by more than 300 yuan per ton in the past two months.

Currently, most of the aquatic feed companies in Hunan have not yet issued a clear price increase notice. There have been rumors in the market that Hubei aquatic feed companies will increase prices, and some companies have also denied it. The impact of this year's epidemic, coupled with floods, fish prices, and long-term sluggishness have combined to make central China and upstream and downstream maintenance more sensitive to feed prices. Major feed factories are trying hard to compete for it. Users are generally cautious about feed price increases and have not raised prices wildly.