November 4, 2011
China vitamin B12 producers cut prices amid competition
An eFeedLink Exclusive
Prices were lower.
Several vitamin B12 producers cut prices to pre-August lows over intense competition and lacklustre demand.
As of October 31, price quotes of high-pressure liquid vitamin B12 by major producers fell RMB4-5/kg to the range of RMB171-173/kg.
Vitamin B12 market lacks the support to keep firm in the coming month.
RMB1=US$0.1574 (Nov 4)
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