Crude Oil Prices and its effects on Feed Additives
Impact of crude oil price trends on feed additives’ prices
Published:May 26, 2011
Summary
Introduction As the world´s population continues to increase, demands for food will experience dramatic growth. This coupled with raising affluence in developing nations, will shape the eating habits of the global population. Protein rich foods particularly meat consumption raises when disposable incomes rises. Consequently, the animal food industry and its allied sectors are set to expe...
Hi Dr. Nigam,
Really nice way of interpretations. You have put the things in a very lucid manner. Good job!!
Dr. Arindam Chatterjee
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Antonette Bal
16 de febrero de 2012
According to a recent survey, gasoline costs in the U.S. have increased by almost 12 cents a gallon over the past three weeks. The price increase is held accountable, at least in part, on the rising price of crude oil in the North Sea. Those Middle Eastern tensions include threats by Iran to block vital shipping lanes, the higher cost of summer-grade fuel and a decreased refinery capacity. Another factor affecting the hike is increased gasoline consumption in developing nations, such as India and China. Consumer spending is necessary for the economy to improve and recover.
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