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March 28, 2017

Vitamin B2 prices stay stable in China despite ample availability
                         
An eFeedLink Exclusive         
 

Prices remained stable.
 

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

Price quotes as of Mar 7

Price quotes as of Mar 24

Price Changes 

225-230

225-230

0

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

 
As vitamin B2 prices have dipped almost 15% during the first quarter, producers were reluctant to lower prices further.
 
Despite vitamin B2 producers attempt to hold prices firm, the market is expected to be weak due to excess capacity of the industry.
 


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