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SunSirs: The Vitamin Market Was Operating Weakly Overall This Week (February 13-17)

February 20 2023 09:43:16     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the overall trend of the vitamin market was stable this week. Demand was weak, most product prices continued to fall, and some varieties showed signs of rebound.

According to the price monitoring of SunSirs, the market of vitamin C was stable this week, and the average price of food-grade vitamin C was stable at 27 RMB/kg, with no increase and decrease, with a year-on-year decrease of 37.21%.The overall transaction of vitamin C market was light, and the transactions were mostly small orders. The downstream that just in needed entered the market, and the demand was weak. The overall market was mostly followed the market situation, and there was no obvious positive support for the time being, and the operation was weaker.

The price of vitamin A continued to fall this week. The average price of feed-grade vitamin A at the beginning of the week was 96 RMB/kg, and the average price at the end of the week was 9

5.25 RMB/kg, with a decrease of 0.78% during the week and a year-on-year decrease of 60.4%.As of February 17, the mainstream market quotation was 90-92 RMB/kg, while the European market quotation fell to 24-29 euros/kg. The vitamin A market maintained a weak downward trend. The domestic vitamin A supply was surplus, and the demand was poor. The vitamin A market was weak and difficult to change.

The price of vitamin E rebounded after falling this week. As of February 17, the mainstream price of VE market was between 75-80 RMB per ton. The European market quoted 8.45-8.9 euros/kg. The willingness of the factory to support prices was obvious, which pushed up slightly. The market trading was slightly active, and the market attention increased.

Market outlook

The vitamin analysts of SunSirs believe that some vitamin markets showed signs of rebound. If they can continue to rebound, they may boost other vitamin market. In the future, please 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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