Chemanalyst15 Sep, 2023Business
In the second quarter of 2023, the domestic Vitamin B4 (Choline Chloride 60%) market in North America experienced a significant price decline. Price negotiations on a CFR Los Angeles basis witnessed a substantial drop, plummeting from $830 per tonne in April to $780 per tonne by June 2023. This marked a notable -6% decline over the course of the quarter. Within the United States, demand for Vitamin B4 (Choline Chloride 60%) unexpectedly decreased, particularly during the latter half of the quarter, primarily stemming from the pharmaceutical and nutraceutical industries.
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