November 29, 2004
Export Prices of China's Produced Vitamin C Raw Materials Lower (November 29, 2004)
An eFeedLink Exclusive Report
I Price Summary
The market demand for vitamin C products in the Chinese markets has entered a lull season. Current selling prices of China's locally produced vitamin C raw materials are mostly lower compared with those of last week, ranging between RMB47-52/kg.
As at November 29, prices of vitamin C products in China are as follows:
|
Region |
Vitamin Ccontents |
Prices as at November 19(RMB/kg) |
Prices as at November 29(RMB/kg) |
Price Changes (RMB/kg) |
|
Vitamin C Raw Materials | ||||
|
Guangdong |
98% |
50 |
47 |
-3 |
|
|
98% |
48 |
52 |
4 |
|
|
99% |
47 |
47 |
0 |
|
|
99% |
50 |
50 |
0 |
|
|
99% |
52 |
50 |
-2 |
|
|
99% |
53 |
50 |
-3 |
|
Coated Ascorbic Acid | ||||
|
|
93% |
70 |
70 |
0 |
|
|
93% |
56 |
56 |
0 |
|
|
97% |
58 |
55 |
-3 |
|
|
97% |
60 |
62 |
2 |
|
L-Ascorbate-2-Phosphate | ||||
|
Whole China market |
Imported (35%) |
75 |
75 |
0 |
|
Whole China market |
Locally Produced (35%) |
38 |
38 |
0 |
| Remarks: Prices indicated above are representative and are for reference only. | ||||
II Exports of China's Vitamin C Raw Materials
Currently, China's exports of vitamin C raw materials remain positive. According to China's Customs statistics, China exported 6,295.775 metric tons of vitamin C and its derivatives in October 2004, up 13.64% from September. However, export prices in October were lower compared with those in September.
Current offer prices of China's locally produced vitamin C raw materials for exports to European and American markets continue to stay at the level of US$5.00/kg, while offer prices for exports to Southeast Asia and Africa regions are down by US$0.30/kg to US$5.50/kg.
Prices for delivery in February 2005 to European and American markets have fallen by US$0.80/kg from last week to the current level of US$4.5/kg. Offer prices for delivery to Southeast Asia and Africa regions in February 2005 were also lower by US$0.80/kg to the level of US$5.00/kg.
