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Article: Vitamin B3 pricing firms up on robust demand. (Markets: pharmaceuticals & fine chemicals).
- Article from:
- Chemical Market Reporter
- Article date:
- August 4, 2003
- Author:
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Copyright informationCOPYRIGHT 2003 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE MARKET FOR nicotinates (vitamin B3) is improving as stronger demand and a more balanced market help to firm up product prices. The industry is benefiting in particular from steady demand for nicotinates in poultry fanning, with Asia and Latin America proving to be the most dynamic markets. Across the board, companies are reporting high operating rates, leading to a tight supply situation, particularly in the US. Producers are responding to the supply crunch by investing in capacity expansions or upgrades. By 2005, the industry should be poised to meet demand projections.
Prices on all grades of nicotinates (niacin/niacinamide) appear to be strengthening. ...
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