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February 2, 2017

 

Weak Trend prevails in China vitamin B2 market

 

An eFeedLink Exclusive         

 

Prices slid further.

 

Prices of local vitamin B2 in China (RMB/kg)

Price quotes as of Dec 31

Price quotes as of Jan 26

Price Changes 

260-265

255-260

-5

Prices are representative and for reference only.
RMB1=US$0.1454 (Feb 2)


As feed millers limited purchases, sales of vitamin B2 were slow during January. Producers negotiated prices in a bid to entice buyers.


Demand for vitamin B2 is unlikely to improve in the coming period with feed consumption falling to yearly lows. Vitamin B2 market will remain under pressure.

 


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