April 4, 2014
Slow, steady rise in China niacinamide prices
Prices continued to increase during the period in review.
More buyers stocked inventories of late amid concerns that reduced supply in the coming period will push up prices.
Prices quotes for niacinamide were mainly around RMB42/kg. Most producers concluded deals in the range of RMB38-40/kg.
Demand for niacinamide will continue to grow as China’s animal inventories expand while livestock markets perform better.
RMB1=US$0.1609 (Apr 4)
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