November 30, 2023
China VK3: Prices rebound as producers incur losses (week ended Nov 27, 2023)
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Vitamin K3 producers who were incurring losses limited output and lifted prices.
prices stayed soft with supply exceeding demand.
Export prices of vitamin K3 (MSB) rebounded to US$8/kg.
In the local market transacted prices of vitamin K3 (MSB) consolidated to the range of RMB57.20-60/kg.
Vitamin K3 market is set to stay firm as producers attempt to maximise returns.
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