September 14, 2022
China VB1: Prices dip 15% on-year (week ended Sep 12, 2022)
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Vitamin B1 producers continued to negotiate prices in efforts to close deals. Prices have dropped 15% compared with a year ago.
In the local market, transaction prices of vitamin B1 were stable to lower in the range of RMB119-138/kg.
Export prices slid to US$17.50/kg.
Unless producers cut output, prices of vitamin B1 are expected to move lower.
Full version of the report is available at: https://spoutinfo.com/market-forecast-detail/29/32/325/4370