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September 16, 2016
 
Niacinamide prices slid to new multi-year lows in China (week ended Sep 14, 2016)
 
An eFeedLink Exclusive
 
 
Prices remained soft.
 

Prices of local niacinamide in China (RMB/kg)

Prices as of Aug 16

Prices as of Sep 14

Price Changes 

31-34

30-33

-1

Prices are representative and for reference only.
RMB1=US$0.1499 (Sep 16)

 
Excess capacity of niacinamide industry continued to exert pressure on the prices amid plentiful production. However, as prices have dropped to multi-year low levels, producers were more prudent in negotiating prices.
 
The market will remain soft but there is little scope for niacinamide prices to move lower as profitability is low.
 


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