March 24, 2023
China VK3: Sharp price drop as buyers withhold buying (week ended Mar 20, 2023)
An eFeedLink Exclusive
Despite falling 36% on-year, prices of vitamin K3 were higher than normal levels by a lot. Feed producers were reluctant to place order, hence resulting in sharp price falls over the week.
Export prices of vitamin K3 (MSB) plunged to US$15.50/kg.
In the local market transacted prices of vitamin K3 (MSB) plummeted to the range of RMB106-128/kg。
Slack buying interest will continue to weigh down the prices of vitamin K3.
Full version of the report is available at: https://spoutinfo.com/market-forecast-detail/29/32/325/4714
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