March 29, 2017
Vitamin D3 market shows signs of strengthening in China
An eFeedLink Exclusive
Prices stayed stable.
|
Prices of locally produced vitamin D3 (RMB/kg) | ||
|
Prices as of Mar 9 |
Prices as of Mar 24 |
Price change |
|
65-70 |
66-70 |
+1 to 0 |
|
RMB1=US$0.1451 (Mar 29) | ||
Export demand improved, lending support to China's vitamin D3 market. Nonetheless, domestic sales remained slow as feed millers limit purchases.
Vitamin D3 prices have dropped 7% on average over the past three months.
Prices of vitamin D3 are projected to remain firm as producers cut output.
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