Zhejiang Medicine will increase Vitamin E's price

   Date:2007/06/22     Source:

Zhejiang Medicine Co., Ltd.(stock code: 600216) recently announced it will increase the price of Vitamin E, one of its important products, for against the damage caused by many adverse factors such as the increase of production cost.

It is known the sales of Vitamin E took up 30% of all Zhejiang Medicine's sales in 2006. Zhejiang Medicine said based on the statistic for sales contracts, the price of Vitamin E have increased to a certain extent. Compared to the same time of last year, domestic price raised by about 15%, export price raised by about 5% (US dollar).

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