December 29, 2008
China's vitamin E prices weaker
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Vitamin E prices were lower in most regions.
|
Prices of vitamin E in China | ||||
|
Region |
Imported products |
Locally produced products | ||
|
Prices as of Dec 12 |
Prices as of Dec 26 |
Prices as of Dec 12 |
Prices as of Dec 26 | |
|
Beijing |
211-217 |
206-212 |
207-212 |
202-208 |
|
Shanghai |
212-219 |
207-214 |
208-214 |
203-210 |
|
Shanxi |
211-218 |
207-213 |
208-213 |
203-209 |
|
Jiangsu |
212-219 |
208-214 |
208-214 |
204-210 |
|
Shandong |
212-218 |
207-213 |
208-214 |
203-208 |
|
Sichuan |
212-219 |
208-214 |
209-215 |
204-210 |
|
Guangdong |
213-220 |
208-215 |
210-216 |
204-210 |
| Remarks: Prices indicated above are representative, and are for reference only. RMB1=US$0.1461 (Dec 29) | ||||
Increased market supply as a new vitamin E plant started operation caused prices to soften as a result.
In the north, transacted prices of imported vitamin E were in the range of RMB207-212/kg. Transacted prices of locally produced vitamin E registered between RMB202/kg and RMB207/kg, with some small volume deals concluded at slightly higher price levels. Prices in the south were slightly higher.
China's vitamin E prices are seen weak in the near term.
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