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December 22, 2016
 
Chinese buyers withhold buying as niacinamide remains costly

An eFeedLink Exclusive
 
 
Prices increased slightly.
 

Prices of local niacinamide in China (RMB/kg)

Prices as of Nov 30

Prices as of Dec 19

Price Changes 

50-55

53-56

+3 to +1

Prices are representative and for reference only.
RMB1=US$0.1439 (Dec 22)

 
The availability of raw ingredients remained scarce, resulting in insufficient supplies of niacinamide. Nonetheless, at current exorbitant prices, buyers were reluctant to place orders unless absolutely necessary.
 
Despite the supply crunch, prices of niacinamide are less likely to surge prominently with buyers holding back purchases.
 


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