October 12, 2012
China niacinamide producers cut prices to entice buyers
Prices were stable to lower during the period in review.
With demand weak during the period in review, niacinamide producers gave discounts in a bid to entice buyers amid tough market competition.
Price quotes of Lonza's niacinamide softened to RMB38.50/kg.
Niacinamide prices will remain weak with output exceeding demand substantially.
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