December 5, 2013
Chinese vitamin E producers keep prices competitive
Over the past few weeks, prices dropped substantially.
Global producers including BASF and DSM increased their price quotes for vitamin E by around 15% of late. However, most Chinese producers held prices competitive in order to move sales.
In Europe, spot prices of vitamin E dipped to the range of EUR7.70-8/kg.
Export demands for Chinese vitamin E will likely stay slow as most overseas buyers have accumulated ample inventories.
RMB1=US$0.1641 (Dec 5)
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