December 23, 2016


Possible output cut holds China folic acid market firm


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Prices were unchanged.

 

Prices of folic acid in China (RMB/kg)

Price quotes as of Dec 2

Price quotes as of Dec 19

Price Changes 

290-320

290-320

0

Prices are representative and for reference only.
RMB1= US$0.1439 (Dec 23)

 

Smaller producers of folic acid were willing to negotiate prices modestly. However, as the pollution controls in Hebei tightened, several large-scale producers held prices firm.


Prices of folic acid are seen stable should production in Hebei be disrupted by stricter environmental regulations.

 


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