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Article: Price of vitamin E increases constantly.(Fine and Specialty)
- Article from:
- China Chemical Reporter
- Article date:
- March 16, 2008
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Copyright informationCOPYRIGHT 2008 China National Chemical Information Center. 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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Zhejiang NHU Co., Ltd. (SZ: 002001) and Zhejiang Medicine Co., Ltd. (SH: 600216), China's two major vitamin E producers, have recently increased the price of VE by 120%. According to insiders, the price of vitamin E will further increase.
As a matter of fact, the prices of vitamins began to rise in 2007. Prices of vitamin B2, vitamin B5 and vitamin C increased and the price of vitamin E also went up with the other vitamins. In June 2007 Zhejiang NHU Co., Ltd. and Zhejiang Medicine Co., Ltd. already lifted their domestic sales price and export price of vitamin E by 15%-20% and 5%-10% respectively. The price of vitamin E went further up in September and October 2007.
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