November 26, 2013
Weak demand softens China vitamin E prices
Over the past few weeks, prices continued to slide.
End users, who were concerned about the rise in H7N9 bird flu cases, were cautious in expanding inventories.
Vitamin E price quotes by major producers dropped to around RMB87/kg, while small producers priced their products lower at RMB85/kg.
With domestic buyers treading cautiously and demands from Europe slack, vitamin E prices are unlikely to firm up in the coming period.
RMB1=US$0.1641 (Nov 26)
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