December 5, 2013
Slower choline chloride price falls in China
Prices dipped further over the past weeks.
Choline chloride prices dipped, albeit at a slower pace, as aqua feed consumption continued to shrink. Sales from the livestock sectors increased as buyers started to restock depleting inventories in preparation for the upcoming festive demands.
Ex-factory prices of 50-percent content choline chloride in Shandong fell to RMB4,750-4,800/tonne.
With prices of trimethylamine staying firm and demand poised to improve in the coming period, choline chloride prices are expected to stay stable during early December.
RMB1=US$0.1641 (Dec 5)
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