October 2, 2013
China niacinamide buying interest improves amid price cuts
Prices dipped further during the period in review.
Demand for niacinamide improved as buyers restocked inventories while producers cut prices in a bid to clear excess stocks.
Transacted prices of niacinamide from a major producer stayed at RMB40/kg, while those of other brands were in the range of RMB38-39/kg.
Prices of niacinamide are expected to stay around current levels.
Prices of niacinamide are expected to stay around current levels.
RMB1=US$0.1633 (Oct 2)
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