May 22, 2013
China niacinamide prices stabilise amid cautious buying
Prices moved higher during the period in review.
Sales were slow as buyers who possessed sufficient stocks limited purchases. Nonetheless, producers lifted prices amid tight supplies.
Price quotes of one major producer were higher at RMB45/kg. Price quotes of other producers increased to RMB42-43/kg.
Prices of niacinamide, which remain low despite the recent rise, are expected to move higher with livestock feed production recovering and supplies tight.
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