December 9, 2011
Cautious buying depresses China vitamin B6 prices
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Prices were lower.
Vitamin B6 market was depressed by lagging demand, as feed millers, despite running low on stocks, remained cautious given the high market prices.
As of November 30, general market prices of locally produced vitamin B6 tumbled to around RMB280-295/kg, down RMB30/kg from October.
Weak momentum for vitamin B6 market may persist into December, but producers' firm stance may limit the downside.
RMB1= US$0.1573 (Dec 9)
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