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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