Summary:
This week, the Vitamin Industry Trend in China exhibited overall stability, with most vitamin prices remaining unchanged. The Price of Vitamin fluctuations were minimal, except for notable jumps in specific categories. The vitamins from china market saw rational demand from downstream clients, leading to generally subdued trading activity. Notably, the folate market experienced significant jumps due to supply constraints caused by mainstream manufacturers halting production. Additionally, insights from CCM reports highlighted the dynamics within the vitamin market in China.
Overall Stability in the Vitamin Market with Significant Folate Price Surge
The Chinese vitamin market remained relatively stable this week, as prices for most vitamin categories stayed within a narrow range. Downstream clients purchased rationally based on their needs, resulting in generally moderate inquiry and trading activity. Worth mentioning is the folate market, which witnessed a sharp surge in prices after a week of accumulated tensions due to mainstream manufacturers halting quotes, orders, and shipments, leading to tight supplies. In contrast, vitamins A, E, and B1 saw manufacturers maintaining their pricing power, with market prices remaining firm. Nicotinamide and vitamin K3 prices showed weakening trends, while other vitamin categories maintained stable prices with subdued buying and selling activities.
Market Analysis and Outlook for Vitamins A, E, and D3
o Vitamin A: Domestic prices ranged from 155-165 yuan/kg, with a strong wait-and-see attitude in the market. Future attention should be focused on supply and inventory changes. In the European market, prices were quoted at 55-60 euros/kg, with significant price fluctuations due to the anticipated entry of new producers.
o Vitamin E: Domestic prices hovered around 138-144 yuan/kg, with trade channels maintaining firm quotes as users primarily restocked based on rigid demand. In Europe, prices were at 16-17 euros/kg, with ongoing disagreements between producers and traders about future prices.
o Vitamin D3: Domestic prices remained firm at 240-260 yuan/kg, with no significant boost in inquiry and trading activities. In Europe, prices ranged from 38-46 euros/kg, with producers quoting high prices but limited transactions, as suppliers and demanders continued their negotiations.
Dynamics and Trends in the B-Vitamin Market
o Vitamin B1: Domestic prices ranged from 205-215 yuan/kg, with manufacturers showing clear intentions to raise prices. Market quotes were wide, and trade prices remained firm. In Europe, prices gradually increased to 26-29 euros/kg.
o Vitamin B2: Domestic prices for 80% purity were 90-96 yuan/kg, and for 98% purity, 330-355 yuan/kg. Weak downstream demand led to stable but slightly weaker prices. European prices stabilized at 18.50-19.00 euros/kg.
o Vitamin B6: Domestic prices were 167-175 yuan/kg, with stable-to-strengthening quotes from trade channels despite calm inquiry activity. In Europe, prices increased slightly to 19.5-20 euros/kg.
o Vitamin B12: Domestic prices ranged from 110-115 yuan/kg, with overall subdued trading activity but improved export prospects. European prices remained stable at 55-60 euros/kg.
Market Dynamics for Other Vitamins and Additives
o Vitamin K3: Domestic prices for MSB were 88-95 yuan/kg and for MNB, 100-104 yuan/kg. Prices continued to decline, with low inquiry and trading enthusiasm. European prices started to decline, with producers softening their quotes.
o Vitamin C: Domestic prices ranged from 29-32 yuan/kg, with factories strongly willing to raise prices but facing weak buying and selling in the market. European prices slightly increased due to halted quotes.
o Folate: Domestic prices surged to 325-380 yuan/kg, with trade channels quoting cautiously. European prices jumped from 23 euros/kg to 30 euros/kg, exacerbating market tensions.
o Nicotinamide: Domestic mainstream prices were 45-48 yuan/kg, with upstream manufacturers strongly maintaining prices despite subdued demand. European prices were stagnant, as Indian manufacturers competed for market share.
o Inositol: Domestic mainstream prices ranged from 40-50 yuan/kg, with oversupply and insufficient downstream demand leading to stable but weak prices. European prices were wide, with Q4 quotes declining.
o Choline Chloride: Domestic mainstream prices were 3.5-3.7 yuan/kg, with some factories raising prices amid rising raw material costs. The European market's future trend was uncertain due to anti-dumping investigations.
In conclusion, the Chinese and European vitamin markets exhibited overall stability this week, but specific categories like folate, vitamins A, and E experienced significant price fluctuations. Future market trends will be influenced by various factors, including supply and demand dynamics, manufacturer pricing strategies, geopolitical situations, and environmental policies, requiring continuous attention. CCM database and CCM market insights will continue to provide valuable insights into these developments.
About CCM:
CCM is the leading market intelligence provider for China's agriculture, chemicals, food & feed and life science markets. Founded in 2001, CCM offers a range of content solutions, from price and trade analysis to industry newsletters and customized market research reports. CCM is a brand of Kcomber Inc.
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