October 29, 2004

 


Prices of Niacinamide in China Significantly Higher Recently; Supply Tightening


An eFeedLink Exclusive Report


Prices of niacinamide products in China have been on the rise since the beginning of this week, with offer prices up by RMB2-5/kg versus prices a week before.


Analysts expect prices of niacinamide in the Chinese market to rise marginally in the coming weeks due to the tightening of market supply.
 

As at October 29, prices of niacinamide products (Lonza) in China are as follows:

 

Region

Offer Prices

(RMB/kg)

Transacted Prices(RMB/kg)

Changes in Transacted Prices Versus Last Week's(RMB/kg)

Remarks

Shanghai

55

52 - 53

2 - 3

--

Shaanxi

53

51 - 52

1 - 2

--

Sichuan

50

Close to offer prices

--

Some traders have no stocks on hand

Jiangsu

50 - 52

50

1 - 2

--

Beijing

50

48

--

Prices stable 

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