July 3, 2024
China VD3: Low availability fuels price rally (week ended Jul 1, 2024)
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Supplies of vitamin D3 decreased prominently as producers cut or halted production. Buyers restocked depleted inventories amid concerns that prices would surge further.
Export price of vitamin D3 soared to US$18/kg over the week whereas local transacted price jumped to the range of RMB74-150/kg.
Vitamin D3 availability is set to stay tight as producers continue to limit production.
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