March 3, 2014
Vitamin E buyers maintain low stocks; prices stay soft in China
Over the past few weeks, prices stayed weak.
Demand for vitamin E was slack as domestic and overseas buyers continued to maintain low inventories.
In Europe, local producers' price quotes of vitamin E stayed in the range of EUR8.80-9.20/kg.
The recent depreciation of renminbi should encourage overseas buyers to stockpile inventories.
RMB1=US$0.1625 (Mar 3)
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