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April 6, 2018
 
China vitamin B2 prices fall amid supply rise     

An eFeedLink Exclusive         

 
Prices moved lower.
 

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

Price quotes as of Feb 12

Price quotes as of Mar 30

Price Changes 

440-460

380-410

-60 to -50

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

 
Competition in the vitamin B2 market intensified as a new producer commenced operation of late. Producers negotiated prices readily in attempts to close deals.
 
With domestic and export demands slow, vitamin B2 market is unlikely to strengthen in the near term. Moreover supplies are expected to increase, adding further pressure to the market.
 


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