VE Prices Rise While Phytosterol Prices Decline
date:2010-09-28
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    Herbridge,28 Sep.2010_VE prices continue to rise,but the phytosterol market is extremely gloomy in China.Phytosterol is the by-product of VE.

    Owing to the shortage of palm oil,natural VE prices increased months ago.As the big season comes in  Sep.and Oct.,feed-grade VE prices continue to rise to 120RMB/kg,but may not exceed 150RMB/kg.According to herbridge.com, this market was infulenced by the depression and dim livestock farming in the first half of 2010,causing the prices to decline to 100RMB/kg in July.This is the lowest price which manufacturers can tolerate.Most enterprises either stop producting or repair equipments,reducing the production of VE.So prices rebound.

    The global VE market is dominated by several big companies,including DSM,Zhejiang Medicine Co.Ltd. and Zhejiang NHU Company Ltd.These three companies may revive production in September,according to herbridge.com.

    As for phytosterol,the supply exceeds the demand in China.Enterprises have large stocks in hand.95% phytosterol prices declined from over 100RMB/kg to around 90RMB/kg,even 80RMB/kg.

    The main suppliers for VE in China include:Zhejiang Medicine Co.Ltd.,Zhejiang NHU Company Ltd,Wecan(Weishi) Biological Science & Technology Co., Ltd.,,Jiangsu Spring Fruit Biological Products Co.,Ltd,Ningbo Dahongying Bio-Engineering Co.,Ltd.Almost no enterprises provide tocotrienols。

Copyright:www.herbridge.com
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