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February 4, 2019

Production rise weakens China vitamin E prices
 
An eFeedLink Exclusive
 
 
Prices moved lower.
 

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

Price quotes as of Dec 26

Price quotes as of Jan 31

Price Changes 

40-45

38-40

-2 to -5

Prices are representative and for reference only.
RMB1=US$0.1483 (Feb 4)

 
Supplies of vitamin E were in excess as a producer's new facilities commenced production during late 2018. With demand slack, prices of vitamin E slid during January.
 
With supply exceeding demand and post-festive sales poor vitamin E market is poised to stay weak in February.


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