April 28, 2017
Vitamin A market stays weak in China on plentiful availability
An eFeedLink Exclusive
Prices dipped further.
|
Prices of local vitamin A in China (RMB/kg) | ||
|
Price quotes as of Apr 16 |
Price quotes as of Apr 26 |
Price Changes |
|
180-190 |
172-182 |
-8 |
| Prices are representative and for reference only. | ||
| RMB1=US$0.1451 (Apr 28) | ||
As the availability of vitamin A was ample due to capacity expansion of the industry, feed producers were not eager to stockpile inventories. Prices continued to fall, albeit at a slower pace, during the period in review.
Weak demand, coupled with excess output, will continue to exert pressure on vitamin A market.
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
