April 30, 2013
China niacinamide prices stabilise amid cautious buying
Prices were stable during the period in review.
While the bird flu outbreak aggravated, buying interest waned after buyers have accumulated some stocks.
Price quotes of one major producer were around RMB42/kg. Price quotes of other producers were mainly around RMB40/kg.
Niacinamide prices are exected to stay around current levels, despite high production costs, while livestock producers suffer severe losses.
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