June 10, 2013
Vitamin E prices weak despite improved demand in China
Over the past few weeks, prices were soft.
Buyers restocked depleting inventories of vitamin E during the period in review, but overall demand was not strong enough to push up prices.
Price quotes of locally produced vitamin E reduced to the range of RMB100-103/kg.
Even though feed demand is expected to expand in China, the upward scope of vitamin E market will be limited amid ample supplies.
RMB1=US$0.1631 (Jun 10)
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