October 31, 2018
 
Vitamin B12 price hikes slow in China amid low buying interest
 
An eFeedLink Exclusive         
 
 
Prices were stable to higher.
 

Prices of local vitamin B12 in China (RMB/kg)

Price quotes as of Sep 30

Price quotes as of Oct 30

Price Changes 

330-380

340-380

+10 to 0

Prices are representative and for reference only.
RMB1=US$0.1437 (Oct 31)

 
Buying interest was weak after vitamin B12 producers lifted prices in September. Hence, even as production remained limited due to stringent pollution controls, vitamin B12 market lacked momentum to strengthen further during October.
 
Price of vitamin B12 are seen stable to higher with supplies limited and export demand stable.
 


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