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MARKET

February 8, 2019
 
Troubled hog sector impedes China vitamin C sales
 
An eFeedLink Exclusive
 
 
Prices were marginally lower.
 

Prices of vitamin C raw ingredients in China (RMB/kg)

Vitamin C contents

Price quotes as of Dec 26

Price quotes as of Feb 1

Price Changes

99%

30-33

29-32

-1

Prices are representative and for reference only.
RMB1= US$0.1459 (Feb 8)

 
Demand for hog feed remained poor as rampant disease outbreak continued to haunt the sector. Sales of vitamin C were therefore slow exerting pressure on the market. However, producers were reluctant to slash prices with profit margins limited.
 
Vitamin C prices are likely to slide in the coming period as supply exceeds demand.
 


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