February 22, 2017
Light trade compels vitamin A producers in China to cut prices
An eFeedLink Exclusive
Prices slid further.
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Prices of local vitamin A in China (RMB/kg) | ||
|
Price quotes as of Jan 26 |
Price quotes as of Feb 22 |
Price Changes |
|
250-255 |
245-250 |
-5 |
|
Prices are representative and for reference only. | ||
Feed producers were not keen to stock vitamin A inventories, placing minimal orders only when required. Producers were compelled to cut prices in a bid to clear piling inventories.
With the poultry sector underperforming due to the threat of the bird flu outbreak, and the hog population showing no signs of recovering, low animal feed production will hamper the sales of vitamin A.
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