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December 8, 2017

China vitamin A prices rally amid supply crunch 

An eFeedLink Exclusive 
 
            
Prices surged at a faster pace.
 

Prices of local vitamin A in China (RMB/kg)

Price quotes as of Oct 30

Price quotes as of Dec 4

Price Changes 

76-80

54-62

-18

RMB1=US$0.1511 (Dec 8)

 
Global shortages of vitamin A supplies catapulted prices to levels unseen. BASF declared force majeur on vitamin A and vitamin E as its plant in Germany halted operation due to a fire. Bluestar Adisseo was compelled to cut production amid lack of raw ingredients. 

Vitamin A market is set to stay firm as supplies are inadequate. However, buyers will be cautious with prices extremely high.
 


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