November 11, 2020
China VD3: Producers cut prices further (week ended Nov 9, 2020)
Vitamin D3 producers continued to slash prices in efforts to promote sales. Nonetheless, with the outlook of the livestock markets uncertain, feed producers were cautious in making purchases.
Export price of vitamin D3 dipped US$1/kg to US$18/kg.
Cautious mood of feed producers will curtail the demand for vitamin D3, hence holding prices weak.
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