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MARKET
 
February 8, 2019
 
Folic acid market stays stable in China despite tepid demand
 
An eFeedLink Exclusive         
 
 
Prices remained stable.
                                               

Prices of folic acid in China (RMB/kg)

Price quotes as of Dec 26

Price quotes as of Feb 1

Price Changes 

235-250

235-250

0

Prices are representative and for reference only.
RMB1=US$0.1483 (Feb 8)

 
Producers of folic were tempted to lift prices as production expenses remained high. Nonetheless, weak festive demand put a lid on prices.

High raw ingredients costs will lend support t folic acid market. However price rise will be limited amid sluggish post-festive feed demand.
 


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