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October 25, 2016

Folic acid market lacks momentum despite low availability

An eFeedLink Exclusive  

      
Prices were stable.
 

Prices of folic acid in China (RMB/kg)

Price quotes as of Sep 14

Price quotes as of Oct 21

Price changes 

330-380

330-380

0

Prices are representative and for reference only.
RMB1= US$0.1476 (Oct 25)

 
Due to strict pollution controls, production of folic acid was limited lately, hence lending support to the market. However, with feed production slow, prices lacked momentum to move higher.

Folic acid prices are projected to stay around current levels.
 


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