June 10, 2013
China niacinamide market stable even as buyers limit buying
Prices were unchanged during the period in review.
Supplies remained stable lately while buyers reduced purchases after stockpiling sufficient inventories.
Price quotes of one major producer were stable at RMB45/kg. Price quotes of other producers were at RMB42-43/kg.
Improving feed demand will lend support to niacinamide prices in the coming period.
RMB1=US$0.1631 (Jun 10)
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