March 18, 2020
China Choline producers cut prices amid lower output costs (week ended Mar 16, 2020)
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Choline chloride prices continued to fall as lower raw ingredients costs allowed producers to slash prices to stimulate sales. Demand improved lately with prices softer and the production of aqua feed gaining momentum.
As the costs of raw ingredients, which are highly affected by oil prices, remains low, choline chloride producers will hold down prices in attempts to boost sales. Demand is set to grow more rapidly as aquaculture production expands prominently in the coming weeks.
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