February 2, 2017
Weak Trend prevails in China vitamin B2 market
An eFeedLink Exclusive
Prices slid further.
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Prices of local vitamin B2 in China (RMB/kg) | ||
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Price quotes as of Dec 31 |
Price quotes as of Jan 26 |
Price Changes |
|
260-265 |
255-260 |
-5 |
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Prices are representative and for reference only. | ||
As feed millers limited purchases, sales of vitamin B2 were slow during January. Producers negotiated prices in a bid to entice buyers.
Demand for vitamin B2 is unlikely to improve in the coming period with feed consumption falling to yearly lows. Vitamin B2 market will remain under pressure.
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