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.
RMB1=US$0.1447 (Mar 13)

 
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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