December 7, 2016
Pollution control cuts China vitamin B12 output, strengthens prices
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Prices increased significantly.
|
Prices of local vitamin B12 in China (RMB/kg) | ||
|
Price quotes as of Oct 20 |
Price quotes as of Dec 2 |
Price Changes |
|
205-215 |
240-250 |
35 |
| Prices are representative and for reference only. RMB1= US$0.1452 (Dec 7) | ||
Pollution controls were stricter in Hebei, diminishing the output of vitamin B12 during November. Producers lifted prices steadily while stocks dwindled over the month.
Vitamin B12 market is poised to remain strong due to limited production and strong export demand.
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