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October 21, 2016
 
Increased output costs lift China niacinamide prices (week ended Sep 14, 2016)
 
An eFeedLink Exclusive
 
 
Prices moved higher.
 

Prices of local niacinamide in China (RMB/kg)

Price quotes as of Sep 14

Price quotes as of Oct 20

Price Changes 

30-33

35-38

+5

Prices are representative and for reference only.
RMB1=US$0.1480 (Oct 21)
 
Despite sluggish post festive demand, prices of niacinamide firmed up while the costs of raw ingredient trimethylpyridine surged amid reduced production.
 
Producers of niacinamide will attempt to lift prices to cover the increased production expenses. However, with feed demand sluggish, feed millers will limit buying of ingredients, hence putting a lid on niacinamide prices.
 


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