August 10, 2023
China Niacin: Prices move lower (week ended Aug 6, 2023)
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Abundant availability exerted pressure on niacin market.
Export prices of niacin dipped to US$6.40/kg.
Locally, transacted prices of niacin slid to the range of RMB45.70-54/kg.
Niacinamide prices in China were at RMB54/kg.
Niacin prices are seen weak with supplies ample and demand soft.
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