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Vitamin B4 (Choline Chloride) Prices: During the second quarter of 2023 | ChemAnalyst

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For the Quarter Ending June 2023 North America: 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. Another contributing factor to the price reduction within the nation was the abundant supply of Vitamin B4 from domestic providers. While inflation rates in the country have aligned with fluctuations in energy prices, analysts perceive this decline in inflation as a transitory phenomenon attributed to the alleviation of supply chain pressures, characterizing it ...