November 20, 2004
Domestic and Export Prices of China's Vitamin C Products Mostly Lower (November 19, 2004)
An eFeedLink Exclusive Report
I Price Summary
Prices of vitamin C in China continued to move lower in recent days. As at November 19, selling prices of locally produced vitamin C raw material (99%) in China hover at the RMB50/kg level, down by RMB5/kg compared with prices in previous week. With the approach of the winter season, the market demand for vitamin C in the country has been on the decline.
As at November 19, prices of vitamin C products in China are as follows:
|
Region |
Vitamin Ccontents |
Prices as at November 12(RMB/kg) |
Prices as at November 19(RMB/kg) |
Price Changes (RMB/kg) |
|
Vitamin C Raw Materials | ||||
|
Jiangsu |
98% |
48 |
48 |
0 |
|
Guangdong |
98% |
50 |
50 |
0 |
|
Shaanxi |
99% |
47 |
47 |
0 |
|
Shandong |
99% |
50 |
50 |
0 |
|
Anhui |
99% |
57 |
52 |
-5 |
|
Hebei |
99% |
53 |
53 |
0 |
|
Coated Ascorbic Acid | ||||
|
Zhejiang |
93% |
70 |
70 |
0 |
|
Anhui |
93% |
59 |
56 |
-3 |
|
Hebei |
97% |
65 |
58 |
-7 |
|
Jiangsu |
97% |
65 |
60 |
-5 |
|
L-Ascorbate-2-Phosphate | ||||
|
Whole China market |
Imported (35%) |
75 |
75 |
0 |
|
Whole China market |
Locally Produced (35%) |
45 |
38 |
-7 |
| Remarks: Prices indicated above are representative and are for reference only. | ||||
II Exports of China's Vitamin C Raw Materials
Current offer prices of China's locally produced vitamin C raw materials for exports to European and American markets fell by US$0.50/kg from previous week to US$5.00/kg, while offer prices for exports to Southeast Asia and Africa regions edged down byUS$0.20/kg to US$5.80/kg.
Prices for delivery in February 2005 to European and American markets stay unchanged at US$5.3/kg, while offer prices for exports to Southeast Asia and Africa regions are reportedly at US$5.80/kg.
