Supply Shortages and Strategic Stockpiling Trigger Price Inflation for Protease Enzyme in the US

Key Points:

• Strong downstream demand in food, and detergent industries drove prices up.
• Asian and European supply constraints restricted U.S. availability.
• Depreciation of dollar against euro and yuan increased import costs.
• Strategic stockpiling enhanced bullishness and price inflation.

The U.S. market for protease enzyme experienced a consistent rise in import prices throughout the month of August xxxx despite long-term cost-reducing factors such as declining freight costs and a weakening of the U.S. dollar against the currencies of manufacturing nations. Market dynamics indicated that the trend was fueled by a combination of robust protease enzyme downstream demand, constrained supplies from major sources, and strategic stocking by domestic industries.

Demand-Side Drivers

The major cause of the rally in high protease enzyme prices was robust downstream demand from food and beverages, animal feed, and detergent sectors. Seasonal usage patterns, especially food processing and brewing, saw surged...