February 24, 2014
Niacinamide producers stand firm on prices in China
Prices were slightly higher during the period in review.
Post-Chinese New Year market showed little improvement while buyers limited procurements amid high disease rates remained and low animal inventories. However, producers of niacinamide held prices firm as returns were marginal.
Transacted prices of niacinamide from a major producer were stable at RMB39-40/kg.
Niacinamide prices will likely remain around current levels.
RMB1=US$0.1641 (Feb 24)
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