November 3, 2004
Tight Supply and Strong Export Demand Drive Up Prices of China's locally Produced Vitamin B2
An eFeedLink Exclusive Report
Prices of locally produced vitamin B2 in China rose by RMB5/kg from previous week on account of tight market supply and strong export demand from overseas countries.
According to China Customs Authority, China's exports of vitamin B2 and its derivatives in September 2004 registered a significant growth of 49.7% from August to reach 184.106 metric tons.
Prices of other vitamin B products in China remain mostly stable of late.
As at November 3, prices of vitamin B products in China are as follows:
|
Product Type |
Country Origin |
Offer Prices (RMB/kg) |
Transacted Prices (RMB/kg) |
Remarks |
|
Vitamin B1 |
Locally Produced |
136 - 138 |
135 |
Prices stable |
|
Vitamin B2 (80%) |
Locally Produced |
130 - 135 |
125 - 130 |
Transacted prices higher by RMB5/kg from previous week |
|
Vitamin B2 (80%) |
Imported |
140 |
135 - 138 |
Prices unchanged from previous week |
|
Vitamin B6 |
Locally Produced |
140 |
-- |
Bulk purchases concluded at RMB135/kg |
|
Vitamin B6 |
Imported |
150 - 155 |
-- |
Bulk purchases concluded at RMB145/kg |
|
Vitamin B12 (0.6%) |
Locally Produced |
200 |
-- |
-- |
|
Vitamin B12 (0.8%) |
Locally Produced |
235 - 240 |
-- |
-- |
|
High Performance Liquid Vitamin B12 (1%) |
Locally Produced |
332 - 335 |
-- |
-- |
| Remarks: All prices indicated above are representative and are for reference only. | ||||
