November 15, 2012
China niacinamide prices stay at historic low levels
Prices moved lower during the period in review.
Excess output and lacklustre demand continued to exert pressure on niacinamide market. However, with profit margins low, producers were less willing to negotiate prices.
Price quotes of Lonza's niacinamide inched lower to RMB37.50/kg.
Several buyers are likely to stock inventories cautiously in the coming period. Nonetheless, niacinamide prices are unlikely to rebound strongly from current historic low levels with supplies in excess.
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