February 24, 2014

Slow demand keeps China choline chloride prices flat

Prices were unchanged over the past weeks.

Trade was slow in China's choline chloride market with aqua feed production shrinking to yearly low levels and livestock feed producers cautious as livestock prices plunged during January.
Prices of 60-percent content choline chloride were flat at RMB5,550-5,700/tonne and RMB5,300-5,450/tonne in Shandong and Hebei respectively.
The demand for choline chloride is unlikely to be strong with livestock population substantially diminished following January's high pre-festive releases.
RMB1=US$0.1641 (Feb 24)
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