September 16, 2016
Limited production holds China biotin market firm
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Prices of folic acid in China (RMB/kg) | ||
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Price quotes as of Aug 16 |
Price quotes as of Sep 14 |
Price changes |
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330-380 |
330-380 |
0 |
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Prices are representative and for reference only. | ||
One major producer, who halted operation since July, would not take orders before late September. With supplies tight, prices of folic acid remained firm despite lukewarm demand.
Folic acid market is poised to stay stable with availability limited. However, as smaller producers are willing to negotiate prices on a case-by-case basis, prices are less likely to move higher.
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