August 30, 2013
China niacinamide producers negotiate prices
Prices were stable to lower during the period in review.
Price quotes of niacinamide remained unchanged of late. However, long-term customers reported that substantial discounts were given by producers.
Price quotes of Lonza's niacinamide remained at RMB45/kg.
Sales are expected to be slow as several buyers possess ample stocks.
RMB1=US$0.1634 (Aug 30)
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