August 16, 2013
Cautious buying slows sales of choline chloride in China
Prices softened further over the past weeks.
Choline chloride producers continued to keep prices low to entice buyers during the period in review. Nonetheless, as prices of raw ingredients showed signs of strengthening, they were more prudent in giving discounts.
Ex-factory prices of 50-percent content choline chloride in Shandong reduced to the range of RMB4,650-4,700/tonne.
With output costs moving up, choline chloride market is expected to stabilize gradually.
RMB1=US$0.1636 (Aug 16)
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