SunSirs: The Vitamin Market Was Consolidated at Low Levels This Week (June 19-25)

Price trend

According to monitoring data from SunSirs, the vitamin market remained stable and slightly volatile this week, with some products experiencing active inquiries. Entering the summer, some products entered the maintenance concentration period, while most products 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 markets just needed to enter the market, with weak demand. The overall market situation was mostly in line with the market, and there was no significant positive support for time being, 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, with an oversupply of domestic vitamin A and weak demand, making it difficult to improve.

The price of vitamin E had not fluctuated much this week, and the mainstream quotation in the VE market was between 72-78 RMB/kg. The European market offered a price of 7.4 to 7.7 euros per kilogram. The weather had turned hot, planned maintenance companies increased and supply was expected to reduce, vitamin E prices had shown strong performance.

Market outlook

Vitamin analysts from SunSirs believe that as of the 25th, some vitamins were in the bottom consolidation stage, with a high proportion of small traded transactions on the market, lacking upward momentum. Pay close attention to the production, sales, and market trends of enterprises in the future.

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