April 4, 2014
China choline chloride producers keep prices competitive
Prices dipped further over the past weeks.
In efforts to stimulate buying, choline chloride producers negotiated prices while raw ingredients costs softened.
Ex-factory prices of 50-percent content choline chloride in Shandong fell to around RMB4,700/tonne. In Hebei and Tianjin, prices fell to the range of RMB4,350-4,500/tonne.
With demand increasing at a faster pace and prices of trimethylamine showing signs of strengthening, chlorine chloride producers will stand firm on prices.
RMB1=US$0.1609 (Apr 4)
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