May 13, 2022
China VA: Prices soften despite lower output (week ended May 9, 2022)
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Even as production of vitamin A decreased, prices continued to slide amid sluggish sales.
In the local market, the transaction prices of VA500 dropped to the range of RMB180-218/kg. VA1000 prices weakened to RMB361/kg.
Export prices of VA500 slid to US$27/kg while those of VA1000 fell to US54/kg.
VA1000 price quotes in Europe softened to the range of EUR59-68-/kg.
Vitamin A market is poised to remain soft as feed producers hold back purchases.
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