December 26, 2018

Supply shrink lends support to China niacinamide market

An eFeedLink Exclusive
 

Prices remained soft.
 
Prices of local niacinamide in China (RMB/kg)
Price quotes as of Nov 30
Price quotes as of Dec 26 
Price Changes 
34-37
34-37
0
Prices are representative and for reference only.
RMB1=US$0.1452 (Dec 26)
 
Supplies of niacinamide tightened as a major producer halted operation for three months starting December as scheduled. Nonetheless, prices of niacinamide were mostly unchanged due to tepid demand.

Niacinamide prices will likely stay around current levels.
 
 
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.