October 21, 2016
China vitamin E market stays soft despite likely supply cut
An eFeedLink Exclusive
Prices moved lower.
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Prices of local vitamin E in China (RMB/kg) | ||
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Price quotes as of Sep 14 |
Price quotes as of Oct 20 |
Price Changes |
|
87-90 |
85-88 |
-2 |
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Prices are representative, and for reference only. | ||
One vitamin E producer held prices as high as RMB400/kg, other producers readily negotiated prices, albeit to a limited extent, while demand remained sluggish.
The production of vitamin E is likely to be affected as the environmental inspection team tightens controls in Shandong. Nonetheless, with feed sales slow, the upward scope of vitamin A prices will be limited.
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