February 22, 2017
 
Vitamin B2 prices dip significantly in China amid excess availability
                         
An eFeedLink Exclusive  
       
 
Prices fell at a faster pace.
 

Prices of local vitamin B2 in China (RMB/kg)

Price quotes as of Jan 26

Price quotes as of Feb 17

Price Changes 

255-260

240-250

-15 to -10

Prices are representative and for reference only.
RMB1= US$0.1439 (Dec 22) 

 
Post-festive transaction was limited due to low animal inventories. Vitamin B2 producers slashed prices as the capacity of the industry expanded after new plants commenced production.
 
Vitamin B2 market is set to remain weak due to the expansion in output and slow feed demand.


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.