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September 16, 2016

Vitamin K3 market stays stable in China

An eFeedLink Exclusive   

     
Prices remained flat.
 

Prices of local vitamin K3 in China (RMB/kg)

Price quotes as of Aug 16

Price quotes as of Sep 14

Price Changes 

56-60

56-60

0

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

 
There was news that a handful of producers lifted price quotes, but prices of vitamin K3 remained mostly unchanged.

Meanwhile, it should be noted that the supplies of raw ingredients of vitamin K3 are tight of late, hence resulting in tight availability of the feed additives in some regions.

Should the production of vitamin K3 shrink further due to tightening availability of raw ingredients, prices are likely to move higher. However, the upward potential of the market is limited as buyers tread cautiously.
 


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