March 14, 2013
China vitamin E producers lift prices; buyers increase stocks
Over the past few weeks, prices moved higher.
Demand showed little improvement during late February. Nonetheless, one major producer lifted price quotes significantly, prompting other producers to follow suit to sustain profits.
Price quotes of locally produced vitamin E were higher in the range of RMB91-95/kg.
Vitamin E market is expected to stay firm as producers are adamant to expand profits.
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
