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SunSirs: The Vitamin Market Maintained Stable Overall This Week (June 5-9)
June 12 2023 10:10:49SunSirs(John)

Price trend

According to monitoring data from SunSirs, the vitamin market had remained stable and slightly volatile this week, with some product inquiries active and actual transactions limited. Most product prices were operating at the bottom and lacked upward momentum.

According to price monitoring by SunSirs, the vitamin C market was running smoothly this week, with mainstream feed grade vitamin C prices ranging from 21 to 22 RMB/kg. The overall trading volume in the vitamin C market was light, with a high proportion of small orders being traded. Downstream entered the market just in needed, demand was weak. The overall market situation was mostly in line with the market, and there was currently no significant positive support, indicating a weaker performance.

This week, the price of vitamin A was temporarily stable, with the mainstream price of feed grade vitamin A in the market being 88-90 RMB/kg, and the quotation in the European market being 20-24 euros/kg. The vitamin A market had stable trading volume, the domestic supply of vitamin A was surplus, coupled with weak demand, making it difficult to improve.

The price of vitamin E had not fluctuated much this week, and the current mainstream quotation in the VE market was between 75 to 80 RMB/kg. The European market offered a price of 7.4 to 7.7 euros per kilogram. The weather turned hot, with an increase in planned maintenance companies and expectations of reduced supply, vitamin E prices showed strong performance.

Market outlook

Vitamin analysts from SunSirs believe that some vitamins were in the bottom consolidation stage, with a strong market wait-and-see atmosphere. In the future, it should pay close attention to the production, sales, and market trends of enterprises.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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