November 4, 2011
China vitamin K3 prices level off in October
An eFeedLink Exclusive
Prices were stable.
Plentiful producer inventories and general weakness in the vitamins market prevented vitamin K3 prices from gaining in October despite strong production costs.
As of October 31, transacted prices of MSB96% vitamin K3 by major producers remained stable at RMB140-150/kg ex-factory, while some smaller producers concluded deals lower.
Meanwhile, prices for MNB96% products were unchanged at RMB155-165/kg.
November vitamin K3 prices will likely remain around current levels.
RMB1=US$0.1574 (Nov 4)
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