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April 6, 2018
 
Vitamin B12 prices halved in China
 
An eFeedLink Exclusive         
 
 
Further plunge in prices.
 

Prices of local vitamin B12 in China (RMB/kg)

Price quotes as of Feb 12

Price quotes as of Mar 30

Price Changes 

680-750

340-380

-340 to -370

Prices are representative and for reference only.
RMB1=US$0.1581 (Apr 5)

 
Supplies of vitamin B12 increased substantially, prompting producers to slash prices to entice buyers. However, feed producers were not keen to stock high inventories with feed sales slow and vitamin B12 output set to expand. 
 
Abundant availability, together with sluggish demand, will exert pressure on the prices of vitamin B12.
 


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