November 12, 2004
Prices of China's Vitamin C Raw Materials Marginally Higher
An eFeedLink Exclusive Report
I Price Overview
Prices of vitamin C raw materials in China rose marginally as market demand recovered in recent days.
Analysts, however, expect vitamin C prices to be on a downward trend in the near term due to the soft market demand as most buyers adopt a wait-and-see approach.
As at November 12, prices of vitamin C products in China are as follows:
|
Region |
Vitamin Ccontents |
Prices as at November 12(RMB/kg) |
Prices as at November 1(RMB/kg) |
Price Changes (RMB/kg) |
|
Vitamin C Raw Materials | ||||
|
Jiangsu |
98% |
48 |
48 |
0 |
|
Shandong |
99% |
50 |
50 |
0 |
|
Guangdong |
98% |
50 |
50 |
0 |
|
Shaanxi |
99% |
47 |
50 |
-3 |
|
Anhui |
99% |
57 |
53 |
4 |
|
Hebei |
99% |
53 |
50 |
3 |
|
Coated Ascorbic Acid | ||||
|
Zhejiang |
93% |
70 |
70 |
0 |
|
Anhui |
93% |
59 |
60 |
-1 |
|
Hebei |
97% |
65 |
53 |
12 |
|
Jiangsu |
97% |
65 |
65 |
0 |
|
L-Ascorbate-2-Phosphate | ||||
|
Whole China market |
Imported (35%) |
75 |
70 |
5 |
|
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 and American markets remain at US$5.50/kg, while offer prices for exports to Southeast Asia and Africa regions hover at US$6.00/kg.
Prices for February delivery to European and American markets stand at US$5.3/kg, while offer prices for exports to Southeast Asia and Africa regions are reportedly at US$5.80/kg.
