February 22, 2017
China vitamin B12 market softens amid sluggish demand
An eFeedLink Exclusive
Prices dropped of late.
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Prices of local vitamin B12 in China (RMB/kg) | ||
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Price quotes as of Jan 26 |
Price quotes as of Feb 17 |
Price Changes |
|
240-250 |
230-240 |
-10 |
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Prices are representative and for reference only. | ||
Vitamin B12 producers were under pressure as feed production dropped prominently after the Chinese New Year, hence impeding the sales of the product. Several producers negotiated prices in efforts to entice buyers.
Prices of vitamin B12 are likely to fall further due to lacklustre demand.
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