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December 25, 2008
 
Vitamin K3 prices significantly lower in China

 

An eFeedLink Exclusive         

 

 

Prices were significantly lower.

        

As of December 23, transacted prices by the largest producer in China were at RMB105-110/kg ex-factory, while some other producers concluded deals at around RMB100/kg. This was a sharp fall from the previous month.

 

In the general market, transacted prices of vitamin K3 (MSB, 96 percent content) by Zhejiang Brothers were RMB110/kg and above. Prices by another producer in Anshan (Liaoning province) were marginally lower. 

 

In Sichuan and Yunnan, several producers slashed prices by RMB15-20/kg in an effort to induce buying. Prices have fallen 30 percent over the past three months.

 

In the near term, vitamin K3 prices are seen weak.

 

RMB1=US$0.1463 (Dec 25)
 
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