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The Chinese Vitamin B* market experienced an increase in November - prices shot up as there was strong demand coming in from overseas and at the same time producers were making some adjustments to their production levels. Prices then settled down a bit in the first week of December.
In November ****, the price of Vitamin B* Mononitrate FOB Shanghai averaged USD **,*** per ton - an increase of around *.** from October - due to a combination of factors including a jump in international demand and a slight hike in production costs. Northern Chinese Vitamin B* plants were hit with some extra expenses for steam & coal-based acetaldehyde during the winter months. Simultaneously, environmental audits in Hebei and Shandong halted production, thereby curtailing spot sales despite exporters securing their fourth-quarter deals. Given that at least two third of...
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