November 20, 2008
 
Folic acid prices in China weaken amid slack demand
 
An eFeedLink Exclusive
  
 
Prices significantly lower on slack demand.

 

Region

Prices as of
October 11
(RMB/kg)
Prices as of
November 19
(RMB/kg)

Price Changes (RMB/kg)

North

265-285

225-245

-40

South

275-290

230-250

-45 to -40

RMB1=US$0.1463 (Nov 20)

Transacted prices of locally produced folic acid fell to the range of RMB250/kg ex-factory amid increased supplies and sluggish demand.
 
In the general market, transacted prices by major producers were in the range of RMB230-250kg, down RMB40-45/kg from last month.

                                    
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