March 29, 2017

Small producers negotiate folic acid prices in China
 
An eFeedLink Exclusive         
 
 
Prices moved lower.
                                                        

Prices of folic acid in China (RMB/kg)

Prices as of Mar 9 

Prices as of Mar 24 

Price change

290-320

280-310

-10

Prices are representative and for reference only.
RMB1= US$0.1451 (Mar 29) 

 
Major folic acid producers held prices stable but smaller manufacturers lowered prices in efforts to close deals.

During Q1, folic acid prices have dropped about 3%.

Prices of folic acid are expected to stay soft as buyers limit buying due to the high costs.
 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.