December 4, 2012
Marginally lower niacinamide prices in china
Prices reduced slightly during the period in review.
Niacinamide producers continued to give discounts in a bid to entice buyers while competition remained tough. However, with profit margins slashed by current record-low prices, producers were cautious in negotiating prices.
Price quotes of Lonza's niacinamide inched stayed at RMB37.50/kg.
Excess supply will keep niacinamide prices at low levels even though feed millers are likely to restock inventories in the coming period.
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