August 30, 2013
Improved demand lends support to China choline chloride market
Prices stayed stable over the past weeks.
Demand improved as several buyers restocked depleting inventories while feed demand increased, albeit slowly.
Ex-factory prices of 50-percent content choline chloride in Shandong were in the range of RMB4,650-4,700/tonne.
Demand for feed is expected to strengthen during September as farmers prepare for the pre-festive buying of aquaculture and livestock products. This will lend strong support to the choline chloride market in conjunction with firm prices of raw ingredients.
RMB1=US$0.1634 (Aug 30)
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