November 29, 2013
Chinese users withhold buying vitamin D3 prices plummet
An eFeedLink Exclusive
Prices dropped significantly.
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Prices of locally produced vitamin D3 (RMB/kg) | |||
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30-Sep |
Oct 31 | ||
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140-160 |
118-135 | ||
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RMB1=US$0.1540 (May 10) |
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As prices of vitamin D3 surged prominently during September, users switched to using compound products of vitamin A and D3. The fall in demand for vitamin D3 products dropped prices down rapidly during October.
Subdued demand will continue to soften the prices of vitamin D3 while users look for alternative cheaper products. Additionally, animal feed demand which is traditionally slack during November will exert further pressure on the market.
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