02.25.13
DSM Nutritional Products, Parsippany, NJ, plans to roll out a global pricing increase by minimum of 15% for its fish based omega 3 portfolio. According to the company, the pricing adjustment is needed to recover from cost increases for sourcing crude fish oils rich in omega 3. The trading price for crude fish oil has reached an all-time high. There is very limited stock globally while the demand continues to increase from all market sectors such as aquaculture, animal feed, pharmaceuticals and human nutrition. This adjustment is effective immediately for all newly contracted business, existing contracts will be honoured.