June 8, 2022
China VB2: Prices moved higher (week ended Jun 6, 2022)
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Sales of vitamin B2 improved as buyers restocked depleting inventories. Producers lifted prices of vitamin B2 as the costs of production stayed high.
Transacted prices in the local market were stable to higher in the range of RMB85.70-87/kg.
Export prices of vitamin B2 climbed to US$12.80/kg.
Vitamin B2 producers will be reluctant to negotiate prices with output expenses high.
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