March 3, 2014
Lacklustre demand weighs on China niacinamide prices
Prices were unchanged during the period in review.
As feed producers were reluctant to stockpile high inventories, while the supply of niacinamide was abundant in China, the market lacked momentum to lift prices further.
Transacted prices of niacinamide from a major producer remained at RMB39-40/kg.
Niacinamide prices will likely stay flat with demand slack and availability abundant.
RMB1=US$0.1625 (Mar 3)
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