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December 9, 2011
 
Diminished feed consumption limits China folic acid usage
                                                        
An eFeedLink Exclusive  
 
       
Prices were lower.
 

Folic acid prices in China

Region

Price as of Oct 31
(RMB/kg)

Price as of December 6
(RMB/kg)

Price change
(RMB/kg)

North

177-182

175-180

-2

South

178-184

176-182

-2

RMB1=US$0.1573 (Dec 9)

 
Even though supplies of folic acid were limited, slack feed consumption in November kept sales of folic acid weak.
 
In the general market, transacted prices by major producers were at RMB175-180/kg.
 
Prices of folic acid should stay weak as prudent buyers are reluctant to stock inventories.
 


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