March 21, 2014
Lacklustre export demand weakens China vitamin E market
Over the past few weeks, prices dropped further.
Export demand for vitamin E was weak as Europe’s vitamin E market stayed soft. As supply remained ample, producers lowered prices in a bid to clear inventories.
Price quotes of vitamin E were in the range of RMB78-90/kg.
Vitamin A prices will likely consolidate within the current range in the coming weeks, as overseas demand pick up while renminbi depreciates.
RMB1=US$0.1606 (Mar 21)
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