March 13, 2017
China vitamin E market softens despite improved demand
An eFeedLink Exclusive
Prices slid further.
|
Prices of local vitamin E in China (RMB/kg) | ||
|
Prices as of Feb 22 |
Prices as of Mar 9 |
Price change |
|
59-62 |
54-56 |
-5 to -6 |
|
Prices are representative and for reference only. | ||
Sales of vitamin E improved, albeit at a slow pace. Nonetheless traders cut prices in efforts to clear socks, resulting in lower prices during the period in review.
Producers and distributors will attempt to lift vitamin E prices in the coming weeks. However, with the production capacity of the industry staying high, the upward scope of vitamin E market will be limited.
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