September 13, 2005
Prices of locally produced niacinamide in China higher; more gains seen limited
An eFeedLink exclusive report
With crude oil prices remaining high in recent days and amid tight supplies of trimethylpyridine, a major raw material of niacinamide, prices of locally produced niacinamide in China strengthened in recent days. However, due to expanded production by some major niacinamide producers in China coupled with intense market competition, the rise in prices would be limited in the near term.
As of September 9, prices of niacinamide in China are as follows:
|
Region |
Imported Products | |
|
(RMB/kg) | ||
|
Offer Price |
Transacted Price | |
|
Beijing |
52 |
51 |
|
Shanghai |
52-53 |
51-52 |
|
Shanxi |
53 |
52 |
|
Jiangsu |
52 |
51-52 |
|
Shandong |
52 |
51-52 |
|
Sichuan |
52 |
51-52 |
Price figures are based on Lonza, a major domestic producer
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