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 




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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