December 5, 2016
Ample availability holds China vitamin E prices weak (week ended Nov 30, 2016)
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Prices moved lower.
|
Price quotes of vitamin E in China (RMB/kg) | ||
|
Price quotes as of Oct 20 |
Price quotes as of Nov 30 |
Price Changes |
|
85-88 |
80-83 |
-5 |
|
Prices are representative and for reference only. | ||
Vitamin E prices softened amid sufficient supplies. Market participants were initially worried that the fire of BASF's plant in October might result in a supply crunch, but availability of the product remained ample.
Looking forward, vitamin E prices are seen lower with supplies abundant and feed demand lukewarm.
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