December 10, 2011
Buyers limit purchases; China vitamin A prices dip further
An eFeedLink Exclusive
Prices fell significantly.
|
Prices of vitamin A in China | ||||
|
Region |
Country origin |
Price as of Nov 18 (RMB/kg) |
Price as of Dec 5 (RMB/kg) |
Price change (RMB/kg) |
|
Beijing |
Imported |
144-149 |
133-138 |
-11 |
|
Locally produced |
141-146 |
130-135 |
-11 | |
|
Shanghai |
Imported |
145-149 |
134-138 |
-11 |
|
Locally produced |
142-146 |
131-135 |
-11 | |
|
Shanxi |
Imported |
146-150 |
135-139 |
-11 |
|
Locally produced |
141-146 |
130-135 |
-11 | |
|
Jiangsu |
Imported |
146-151 |
135-140 |
-11 |
|
Locally produced |
141-145 |
130-134 |
-11 | |
|
Shandong |
Imported |
145-150 |
134-139 |
-11 |
|
Locally produced |
141-145 |
130-134 |
-11 | |
|
Sichuan |
Imported |
146-151 |
135-140 |
-11 |
|
Guangdong |
Imported |
147-151 |
136-140 |
-11 |
|
Remarks: Prices indicated above are representative and are for reference only. | ||||
Animal inventories increased slowly in November while aquaculture season ended gradually, resulting in lower feed production. Demand for vitamin A was therefore weak as feed millers and traders withheld purchases.
Transacted prices of imported vitamin A plunged to RMB134-138/kg while those of locally produced vitamin A dropped substantially to RMB131-135/kg.
General market prices of imported vitamin "A1000" by a foreign producer dipped to around RMB265-275/kg.
Buyers will continue to limit vitamin A purchases to be on the safe side while feed demand stays soft.
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