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October 25, 2016

Vitamin C prices rebound amid tight supplies in China (week ended Oct 21, 2014)

An eFeedLink Exclusive
 

Prices moved higher.
 

Price quotes of vitamin C (99%) in China (RMB/kg)

Price quotes as of Sep 14

Price quotes as of Oct 21

Price Changes 

26.50-28.00

29.00-30.00

+2.50 to + 2.00

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

 
Raw ingredients of vitamin C tightened lately while DSM lifted price quotes. Producer lifted prices in order to sustain profit margins.

With supplies tight, vitamin C market should remain stable, However, low hog inventories will put a limit on the upward scope of the market.
   


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