December 9, 2011
 
China choline chloride price falls show signs of easing
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices were lower.
 
Ex-factory prices of 50-percent content choline chloride by major producers in Shandong dropped to RMB5,350-5,450/tone, whereas those in Hebei and Jilin were in the range of RMB4,900-5,200/tonne and RMB5,900-6,000/tonne, respectively.
 
Prices of 60-percent content choline chloride were mostly higher by RMB700-850/tonne.
 
Meanwhile, prices of imported 50-percent content choline chloride slid to around RMB6,100-6,200/tonne.
 

Transacted prices of choline chloride in China

Region

Prices as of Nov 19 (RMB/tonne)

Prices as of Dec 5  (RMB/tonne)

Price change (RMB/tonne)

Yunnan

5,200-5,450

5,050-5,300

-150

Sichuan

5,500-5,700

5,400-5,600

-100

Beijing

5,400-5,850

5,250-5,700

-150

Heilongjiang

5,500-5,890

5,370-5,760

-130

Shanghai

5,600-5,900

5,480-5,780

-120

Guangzhou

5,650-6,000

5,550-5,900

-100

Prices are for locally produced choline chloride (50 percent content). Prices are also representative and for reference only.
RMB1= US$0.1573 (Dec 9)

 
 
Market analysis
 
Choline chloride price falls slowed in late November,  as signs of a rebound in the raw material costs of ethylene oxide and trimethylamine stimulated demand.
 
 
Market forecast
 
With ingredient costs expected to firm up and year-end restocking activities around the corner,  choline chloride market should slowly pick up in December.
 


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