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March 28, 2017
 
Niacinamide market stays firm in China amid supply shortages
 
An eFeedLink Exclusive
 
 
Slower price rise.
 

Prices of local niacinamide in China (RMB/kg)

Prices as of Mar 9

Prices as of Mar 24

Price Changes 

68-75

70-75

+2 to 0

Prices are representative and for reference only.
RMB1=US$0.1453 (Mar 28)

 
Supplies of raw ingredient remained inadequate in China, limiting the output of niacinamide. Prices remained firm as a result even though buyers held back purchases as the product was expensive.
 
During Q1, niacinamide prices surged over 20% on average.
 
Niacinamide market is poised to remain frim amid supply shortages.
 


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