December 7, 2016


Inadequate availability, higher costs lift China vitamin B1 prices
 

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Prices moved higher.

 

Prices of local vitamin B1 in China (RMB/kg)

Price quotes as of Oct 20

Price quotes as of Dec 2

Price Changes 

300-315

335-350

35

Prices are representative and for reference only.
RMB1= US$0.1452 (Dec 7)


The costs of raw ingredients surged while pollution controls in China tightened, driving up vitamin B1 prices amid limited supplies. One producer lifted prices to as high as RMB400/kg with stocks running low.


Vitamin B1 market is expected to stay firm with supplies tight while export demand stays strong.

 


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