February 22, 2017
 
China vitamin B12 market softens amid sluggish demand
 
An eFeedLink Exclusive         
 
 
Prices dropped of late.
 

Prices of local vitamin B12 in China (RMB/kg)

Price quotes as of Jan 26

Price quotes as of Feb 17

Price Changes 

240-250

230-240

-10

Prices are representative and for reference only.
RMB1=US$0.1453 (Feb 22)  


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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