December 9, 2011
Stalling sales soften China vitamin K3 market
An eFeedLink Exclusive
Prices moved lower.
With buyers mostly relying on existing stocks, vitamin K3 market softened in November amid poor sales.
As of November 30, transacted prices of MSB96% vitamin K3 by major producers fell RMB10/kg to RMB130-140/kg ex-factory, while some smaller producers concluded deals lower.
Meanwhile, prices for MNB96% products were at RMB150-160/kg, down RMB5/kg from the previous month.
Vitamin K3 prices lack the support to move higher in the short run.
RMB1= US$0.1573 (Dec 9)
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