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October 24, 2016
 
China vitamin B1 market stays soft despite attempts to lift prices
 
An eFeedLink Exclusive   
         
 
Prices were stable to lower.
 

Prices of local vitamin B1 in China (RMB/kg)

Price quotes as of Sep 14

Price quotes as of Oct 21

Price Changes 

305-315

300-315

-5 to 0

Prices are representative and for reference only.
RMB1= US$0.1478 (Oct 24)


Although there was news that some producers would lift prices, transaction prices of vitamin B1 remained weak due to soft demand.
 
Vitamin B1 market is unlikely to strengthen in the near term with feed sales staying slack due to low animal inventories.
 


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