November 15, 2012
Vitamin E prices hit new low in China
Over the past few weeks, prices dipped further.
Vitamin E prices continued to break new lows as domestic demand showed no signs of improving, while prices in Europe hit yearly-low levels.
Price quotes of locally produced vitamin E were lower in the range of RMB103-106/kg.
Domestic demand for vitamin E is likely to improve gradually while buyers restock depleted inventories. However, export demand is expected to be curtailed by a strong renminbi.
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