China Shikimic Acid Market May Fluctuate on Upcoming Harvest
date：2010-07-29
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Herbridge,29 July 2010_Shikimic acid,an indispensable part of Tamiflu, which is used against the A/H1N1 flu, is a special product in herbal extract industry.Star Anise is the best source of shikimic acid,and only the wild Star Anise are suitable.Star Anise mainly grows in Yunnan and Guangxi province.Wild star anise mainly grows in Yunnan province.Star Anise is primarily cultivated in Shaanxi province.
According to herbridge.com,there is about a month before the new crop arrival.Owing to SW China drought,the output of Star Anise will decrease significantly this year.The price for star anise is RMB 26-28 per kg presently,which was 32RMB/kg at the highest.The future prices depends on the demand.The demand for shikimic acid is dominated by Tamiflu's biggest producer, F.Hoffmann-La Roche Ltd.Moreover,the A/H1N1 flu determines the demand.
Only a few manufacturers supply shikimic acid in China.In addition to diverse prices of star anise,the price for 98% shikimic acid is basically maintained at 1300RMB/kg.With the harvest approaching,the prices may fluctuate in line with market conditions.
According to herbridge.com,there is about a month before the new crop arrival.Owing to SW China drought,the output of Star Anise will decrease significantly this year.The price for star anise is RMB 26-28 per kg presently,which was 32RMB/kg at the highest.The future prices depends on the demand.The demand for shikimic acid is dominated by Tamiflu's biggest producer, F.Hoffmann-La Roche Ltd.Moreover,the A/H1N1 flu determines the demand.
Only a few manufacturers supply shikimic acid in China.In addition to diverse prices of star anise,the price for 98% shikimic acid is basically maintained at 1300RMB/kg.With the harvest approaching,the prices may fluctuate in line with market conditions.
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