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November 12, 2008

 

Choline choride prices slide amid sluggish demand

 

An eFeedLink Exclusive

 
 
Price summary
 

Transacted prices of Choline choride

Region

Prices as of November 7 (RMB/tonne)

Prices as of October 20  (RMB/tonne)

Price Changes
(RMB/tonne)

Hebei

4,800-5,000

5,100-5,300

-300

Shandong

5,050-5,250

5,300-5,500

-250

Beijing

5,200-5,500

5,500-5,750

-300 to -250

Shanghai

5,400-5,700

5,700-5,950

-300 to -250

Sichuan

5,550-5,850

5,800-6,100

-250

Guang dong

5,600-5,900

5,850-6,150

-250

Prices are representative and for reference only.
RMB1=US$0.1465 (Nov 12)

 

Prices fell amid lower crude oil prices and weak demand.

 

Ex-factory transacted prices of 50-percent and 60 percent content chiline chloride by major producers located in Hebei, Tianjin and Shandong were at RMB 4,800-5,100/tonne and RMB 5,500-5,800/tonne respectively.

 

In the near term, choline choride prices are seen to decline as demand is likely to remain weak.
 
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