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The import market of the Nicotinamide in the US has observed a significant increase in the first month of year ****. The market value of Nicotinamide in the US import market has moved higher in January **** as the early-year buying and tighter Asia-origin offers set a firmer import cost floor. The early January saw importers and formulators have accelerated their purchases to secure cargoes ahead of the March wellness and spring retail season and mid-month pricing was lifted further when China and premium European Nicotinamide suppliers pushed up loading offers. Traders redirecting volumes to price-sensitive Southeast Asian markets narrowed US spot availability through the mid-to-late month, leaving inventories lean and prompting buyers to accept higher quotations to meet front-loaded blending schedules and premix commitments.
The Nicotinamide demand from dietary supplements and cosmeceuticals was the principal driver of the January uplift. The dietary supplements/nutraceuticals...
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