July 18, 2013
Slack demand weakens China vitamin E market
Over the past few weeks, prices moved lower.
The demand for vitamin E stayed soft as feed millers limited procurements while feed consumption increased slowly.
Price quotes of locally produced vitamin E were lower in the range of RMB95-97/kg.
China buyers are expected to stay cautious as the government tightens credit control while livestock prices showed signs of weakening.
RMB1=US$0.1630 (Jul 18)
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