November 4, 2008
 
Prices of Vitamin A in China lower amid light trade

An eFeedLink Exclusive         

  
Prices were lower in most regions.
 

Prices of vitamin A in China

Region 

Country origin

Price as of Oct 10  (RMB/kg)

 Price as of Oct 31 (RMB/kg)

Price change (RMB/kg)

Beijing

Imported

262-268

233-240

-29 to -28

Locally produced

252-260

223-233

-29 to -27

Shanghai

Imported

263-272

235-242

-30 to -28

Locally produced

255-263

227-235

-28

Shanxi

Imported

263-272

235-242

-30 to -28

Locally produced

255-263

225-235

-30 to -28

Jiangsu

Imported

262-272

233-242

-30 to -29

Locally produced

256-263

225-233

-31 to -30

Shandong

Imported

260-270

233-240

-30 to -27

Locally produced

252-260

224-232

-28

Sichuan

Imported

264-272

235-243

-29

Guangdong

Imported

266-274

237-245

-29

Remarks: Prices indicated above are representative and are for reference only.
RMB1=US$0.1460 (Nov 4)

In the north, transacted prices of imported vitamin A were in the range of RMB235-245/kg. Transacted prices of locally produced vitamin A registered between RMB225-235/kg; some big volume deals were concluded at slightly lower price levels. Prices in the south were slightly higher.
 
General market prices of imported vitamin "VA1,000" by a foreign producer were between RMB440/kg and RMB460/kg. Prices of water-soluble vitamin A were RMB 280-295/kg. Overall, the prices were marginally lower.

Influenced by weak domestic demand, global credit crisis and appreciation of Renminbi, VA's  exports are se$en to be light in the near-term. Prices will be under pressure.
 
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.