December 31, 2012
Vitamin E in China withhold buying despite depleting inventories
Over the past few weeks, prices moved lower.
Buyers kept inventories low in anticipation of soft prices as supplies of vitamin E were plentiful. Two major producers continued to withhold price releases during the period in review.
Price quotes of locally produced vitamin E reduced to the range of RMB92-95/kg.
Although demand is expected to strengthen as buyers accumulate stocks before Chinese New Year Holidays, vitamin E prices are unlikely to rise prominently while supplies are abundant.
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