November 1, 2013
Waning demand limits upward scope of China choline chloride market
Prices remained stable over the past weeks.
Demand for choline chloride was limited as aquaculture production continued to decrease while livestock feed consumption was slow.
Prices of 60-percent content choline chloride were in the range of RMB5,600-5,750/tonne and RMB5,300-5,500/tonne in Shandong and Hebei respectively.
With demand waning, choline chloride market will be under pressure in the coming period even though production reduction in Hebei decimates supply.
RMB1=US$0.1641 (Nov 1)
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