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October 7, 2011
 
China niacinamide prices continue to drop
 
An eFeedLink Exclusive
 
 
Prices were lower by RMB1.50/kg.
 

Prices of niacinamide in China

Region

Imported products

Transacted price as of Sep 12 (RMB/kg)

Transacted price as of Sep 30 (RMB/kg)

Price change
(RMB/kg)

Beijing

62.00-64.50

60.50-63.00

-1.50

Shanghai

62.50-64.50

61.00-63.00

-1.50

Shanxi

62.50-64.50

61.00-63.00

-1.50

Jiangsu

62.50-64.50

61.00-63.00

-1.50

Shandong

62.00-64.50

60.50-63.00

-1.50

Sichuan

62.50-64.50

61.00-63.00

-1.50

Guangdong

62.50-64.50

61.00-63.00

-1.50

Price figures are based on Lonza, a major producer.
RMB1=US$0.1566 (Oct 7)

 
Niacinamide prices resumed slides due to an oversupply in the market.
 
Transacted prices of Lonza's niacinamide dipped slightly to RMB61-62/kg, while quotes by others producers edged lower in the range of RMB58-60/kg.
 
Niacinamide market is expected to further weaken amid rising competition and supply pressure.
 


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