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China

October 5, 2018
 
Niacinamide prices stabilise at historic lows in China

An eFeedLink Exclusive
 

Prices stayed unchanged.
 

Prices of local niacinamide in China (RMB/kg)

Price quotes as of Sep 3

Price quotes as of Sep 30

Price Changes 

30-34

30-34

0

Prices are representative and for reference only.
RMB1=US$0.1456 (Oct 5)

 
Demand for niacinamide showed little improvement amid weak feed sales. However, producer stood firm as prices of niacinamide were at historic low levels.
 
Niacinamide prices are seen stable as producers attempt to sustain profits margins. However, with feed and livestock market set to remain soft during October, niacinamide prices are less likely to move higher.
 


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