May 8, 2014
Niacinamide supply stays ample in China despite reduced output
Prices were unchanged during the period in review.
Excess supply of niacinamide continued to weigh down on the prices, particularly as demand showed little improvement with the hog market staging a weak recovery despite the government's support.
Even though global supply of niacinamide has reduced with Lonza's plant in Switzerland halting operation, the availability of niacinamide will remain abundant. Prices are seen weak with buyers possessing ample stocks.
RMB1=US$0.1603 (May 8)
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