February 1, 2017


Scarce supply of niacinamide in China strengthens prices


An eFeedLink Exclusive

 


Prices moved higher.

 

Prices of local niacinamide in China (RMB/kg)

Price quotes as of Dec 31

Price quotes as of Jan 26

Price Changes 

55-56

65-70

+5 to +4

Prices are representative and for reference only.
RMB1=US$0.1454 (Feb 1)


Despite flat demand, prices of niacinamide strengthened further while supplies remained scarce due to inadequate raw ingredients.


There was news that a major player has halted production of niacinamide. This will result in tighter availability of the product, holding prices firm even as post-festive feed production remains low.

 

 

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