May 2, 2017
China folic acid market stable as producers stand firm
An eFeedLink Exclusive
Prices were stable.
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Prices of local folic acid in China (RMB/kg) | ||
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Price quotes as of Mar 24 |
Price quotes as of Apr 28 |
Price Changes |
|
280-310 |
280-310 |
0 |
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Prices are representative and for reference only. | ||
Prices of folic acid remained stable as large producers stood firm even though smaller manufacturers attempted to move sales by giving discounts.
At three year lows, prices of folic acid are expected to consolidate around current levels as producers are reluctant to negotiate prices.
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