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December 8, 2017

Strong competition drags down China niacinamide prices

An eFeedLink Exclusive
 

Prices dipped substantially.
 

Prices of local niacinamide 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)


Niacinamide producers slashed prices in efforts to retain clients as a new producer commenced operation.

With feed demand slow and supplies plentiful, niacinamide market will stay weak in the coming period.


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