March 28, 2017

Prominent vitamin K3 price surge in Q1 dampens buying interest in China
 
An eFeedLink Exclusive         
 
 
Prices were unchanged.
 

Prices of local vitamin K3 in China (RMB/kg)

Price quotes as of Mar 7

Price quotes as of Mar 24

Price Changes 

130-135

130-135

0

Prices are representative and for reference only.
RMB1= US$0.1453 (Mar28) 

 
Supplies of vitamin K3 remained scarce due to inadequate raw ingredients. Nonetheless, prices remained unchanged as feed producers were reluctant to make purchases with prices surging almost 20% during Q1.
 
Vitamin K3 market is expected to stay firm amid tight availability.
 


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