December 22, 2016
Chinese buyers withhold buying as niacinamide remains costly
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Prices increased slightly.
|
Prices of local niacinamide in China (RMB/kg) | ||
|
Prices as of Nov 30 |
Prices as of Dec 19 |
Price Changes |
|
50-55 |
53-56 |
+3 to +1 |
|
Prices are representative and for reference only. | ||
The availability of raw ingredients remained scarce, resulting in insufficient supplies of niacinamide. Nonetheless, at current exorbitant prices, buyers were reluctant to place orders unless absolutely necessary.
Despite the supply crunch, prices of niacinamide are less likely to surge prominently with buyers holding back purchases.
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