March 10, 2017
Strong competition exert pressure on China vitamin B2 market
An eFeedLink Exclusive
Prices continued to drop.
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Prices of local vitamin B2 in China (RMB/kg) | ||
|
Price quotes as of Feb 17 |
Price quotes as of Mar 7 |
Price Changes |
|
240-250 |
225-230 |
-15 to -20 |
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Prices are representative and for reference only. | ||
In anticipation of higher availability, feed millers limited the purchases of vitamin B2. Prices dipped significantly as producers competed to keep clients.
Vitamin B2 market will stay soft due to tougher competition.
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