April 28, 2017
High vitamin price dampens buying interest in China
An eFeedLink Exclusive
An eFeedLink Exclusive
Prices moved lower.
|
Price quotes of vitamin C (99%) in China (RMB/kg) | ||
|
Price quotes as of Apr 12 |
Price quotes as of Apr 26 |
Price Changes |
|
68-70 |
65-70 |
-3 to 0 |
|
Prices are representative and for reference only. | ||
Availability of vitamin C remained tight as strict environmental controls decimated the production of raw ingredients. However, as feed millers limited buying while the product was expensive, several traders negotiated prices in efforts to move sales.
Cautious mood of buyers will limit the upward scope of vitamin C market in the coming period.
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