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March 29, 2017

Small producers negotiate folic acid prices in China
 
An eFeedLink Exclusive         
 
 
Prices moved lower.
                                                        

Prices of folic acid in China (RMB/kg)

Prices as of Mar 9 

Prices as of Mar 24 

Price change

290-320

280-310

-10

Prices are representative and for reference only.
RMB1= US$0.1451 (Mar 29) 

 
Major folic acid producers held prices stable but smaller manufacturers lowered prices in efforts to close deals.

During Q1, folic acid prices have dropped about 3%.

Prices of folic acid are expected to stay soft as buyers limit buying due to the high costs.
 


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