November 1, 2017
Price hikes gain momentum in China folic acid market
An eFeedLink Exclusive
Prices surged significantly.
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Prices of local folic acid in China (RMB/kg) | ||
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Price quotes as of Sep 25 |
Price quotes as of Oct 30 |
Price Changes |
|
280-300 |
340-380 |
+140 to +80 |
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Prices are representative and for reference only. | ||
Prices of folic acid surged further amid tight availability. Buyers, who were concerned that prices might rally to 2015’s historic high, increased stockpiles, supporting the prices to rise faster.
Folic acid market is expected to stay strong as prices have more room to increase amid tight supplies.
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