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February 22, 2017
 

Folic acid producers stand firm in China


An eFeedLink Exclusive  


      

Prices stayed unchanged.

 

Prices of folic acid in China (RMB/kg)

Price quotes as of Jan 26

Price quotes as of Feb 17

Price Changes 

290-320

290-320

0

Prices are representative and for reference only.
RMB1=US$0.1453 (Feb 22)

 

Sales of folic acid remained slow but producers stood firm in efforts to sustain profit margins. Smaller producers were willing to negotiate prices of a case by case basis.


Folic acid market is expected to remain weak with feed production limited and prices of the product staying at high levels.

 


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