April 6, 2021
China Inositol: Prices strengthen 30% in Q1 (week ended Apr 5, 2021)
Feed producers were willing to place orders while the prices of inositol remained low. While some sellers lifted prices slightly, others held prices stable in attempts to attract buyers. Over the past three months, inositol prices have increased almost 30% slowly but steadily.
Export prices edged higher to US$3.90/kg.
Inositol prices are seen stable to modestly higher. However, sharp price hikes are unlikely amid prudent mood.
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