China 5-HTP Market is in Transition Period
date：2010-06-18
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Herbridge,18 June 2010-5-HTP price further declined in June.According to herbridge.com,the price is almost no more than 3000RMB/kg in China.
There is only a little profit margin for most enterprises in China.On the one hand,domestic manufacturers purchased raw materials at higher price at the beginning of 2010,presenting great cost pressure.On the other hand,increased suppliers lead to firece competition.Besides,with abundant goods in the market,international buyers may take a 'wait and see' attitude.In this circumstance,it is possible for some enterprises to low price for the sake of capital.
5-HTP market will enter the transition period in the coming months.According to herbridge.com,5-HTP price will be maintained between 2700 and 3000RMB/kg for a long time.
There is only a little profit margin for most enterprises in China.On the one hand,domestic manufacturers purchased raw materials at higher price at the beginning of 2010,presenting great cost pressure.On the other hand,increased suppliers lead to firece competition.Besides,with abundant goods in the market,international buyers may take a 'wait and see' attitude.In this circumstance,it is possible for some enterprises to low price for the sake of capital.
5-HTP market will enter the transition period in the coming months.According to herbridge.com,5-HTP price will be maintained between 2700 and 3000RMB/kg for a long time.
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