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March 10, 2017


Strong competition exert pressure on China vitamin B2 market
 

An eFeedLink Exclusive         

 


Prices continued to drop.

 

Prices of local vitamin B2 in China (RMB/kg)

Price quotes as of Feb 17

Price quotes as of Mar 7

Price Changes 

240-250

225-230

-15 to -20

Prices are representative and for reference only.
RMB1=US$0.1447 (Mar 10)

 

In anticipation of higher availability, feed millers limited the purchases of vitamin B2. Prices dipped significantly as producers competed to keep clients.


Vitamin B2 market will stay soft due to tougher competition. 

 

 

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