October 12, 2012
China vitamin E demand shows little improvement
Over the past few weeks, prices were stable to marginally lower.
Vitamin E market was quiet as several buyers halted operation during the first week of October for the national holidays. After the holidays, feed millers treaded cautiously and withheld purchases amid sliding livestock prices.
Price quotes of two major local producers remained in the range of RMB115-120/tonne.
Buyers will limit inventories in the coming period, but with prices at current low levels vitamin E producers will stand firm.
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