March 12, 2019
 
China vitamin E market strengthens amid production consolidation
 
An eFeedLink Exclusive         
 
 
Prices moved higher.
                     

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

Price quotes as of Jan 31

Price quotes as of Feb 28

Price Changes 

38-40

39-42

+1 to +2

Prices are representative and for reference only.
RMB1=US$0.1483 (Mar 12)

 
Prices of vitamin E started rising after the Chinese New Year holidays, as buyers increased stockpiles after DSM merged with Nenter, a local producer of the product. By late February, export prices have climbed 6%.
 
Vitamin E prices should continue to rise while buyers expand inventories amid concerns of production consolidation.
 


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