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December 25, 2008
 
Sharp fall in China's vitamin B12 prices

 

An eFeedLink Exclusive         

 

 

Prices were markedly lower.

        

Poor export and domestic demand caused vitamin B12 prices to fall sharply.


For high-pressure liquid vitamin B12, transacted prices by North China Pharmaceutical Group Corporation (NCPC) were mainly at RMB190-210/kg. 

 
In the general market, major local producers concluded deals in the range of RMB200-220/kg, slightly higher than the previous month. 
 

Transacted prices of locally produced vitamin B12 (ultra-violet examined, 0.6 percent content) were in the range of RMB130-135/kg. Transacted prices by major local producers including NCPC with major buyers were mainly above RMB125/kg ex-factory, while prices of second grade products by some producers were at similar levels.


Vitamin B2 prices are expected to fall further amid weakening demand.

 

RMB1=US$0.1463 (Dec 25)
 
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