November 2, 2004
Prices of China's Vitamin C Raw Materials Up Marginally of Late
An eFeedLink Exclusive Report
I Price Overview
Prices of vitamin C raw materials in China have risen marginally amid market stability in recent days.
As at November 1, prices of vitamin C products in China are as follows:
|
Region |
Vitamin Ccontents |
Prices as at November 1(RMB/kg) |
Prices as at October 26(RMB/kg) |
Price Changes (RMB/kg) |
|
Vitamin C Raw Materials | ||||
|
Jiangsu |
98% |
48 |
48 |
0 |
|
Shandong |
98% |
50 |
50 |
0 |
|
Guangdong |
98% |
50 |
46 |
4 |
|
Shaanxi |
98% |
50 |
50 |
0 |
|
Anhui |
99% |
53 |
50 |
3 |
|
Hebei |
98% |
50 |
40 |
10 |
|
Coated Ascorbic Acid | ||||
|
Zhejiang |
93% |
70 |
70 |
0 |
|
Anhui |
93% |
60 |
58 - 60 |
+0 to +2 |
|
Hebei |
97% |
53 |
60 |
-7 |
|
L-Ascorbate-2-Phosphate | ||||
|
Whole China market |
Imported (35%) |
70 |
70 |
0 |
|
Whole China market |
Locally Produced (35%) |
45 |
45 |
0 |
| Remarks: Prices indicated above are representative and are for reference only. | ||||
II Exports of China's Vitamin C Raw Materials
Currently, offer prices of China's locally produced vitamin C raw materials for export to European markets remain at US$5.50/kg, while offer prices for exports to Southeast Asia and Africa regions hover at US$6.00/kg.
Without any fresh market leads, analysts say prices of vitamin C products in China are likely to remain mostly stable in the coming weeks.
