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March 13, 2017
 
Inadequate supply continues to lift China niacinamide prices
 
An eFeedLink Exclusive
 
 
Prices moved higher.
 

Prices of local niacinamide in China (RMB/kg)

Prices as of Feb 22

Prices as of Mar 9

Price Changes 

67-72

68-75

+1 to +3

Prices are representative and for reference only.
RMB1=US$0.1447 (Mar 13)

 
Lacking 3-methylpyridine, China's production of niacinamide was limited. Hence, despite slow demand, prices continued to rise due to the supply crunch.
 
The problem of insufficient ingredients is unlikely to be resolve din the near term. Inadequate availability of niacinamide will continue to strengthen prices.
 


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