October 15, 2020
China Niacin: Tight supply hold prices firm (week ended Oct 12, 2020)
Local prices of niacin remained stable while producers limited production. However, export prices moved higher due to the recent appreciation of renminbi.
Export prices of niacin strengthened to US$6.40/kg.
Niacin market is poised to stay firm with supplies tight as producers limit output.
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