December 9, 2020
China VC sellers cut prices to stimulate sales (week ended Jun 29, 2020)
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Vitamin C market was under pressure with feed sales unusually weak due to poor demand for livestock products. Meanwhile, severe floods in several parts of China curtailed the demand for vitamin from the aquaculture sector.
Export prices of vitamin C (99% raw powder) dipped to US$3.90/kg.
With demand sluggish, vitamin C market will be under pressure.
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