SunSirs: The Vitamin Market Has Been Running Smoothly This Week (August 7-11)

Price trend

According to monitoring data from SunSirs, the vitamin market has been sorted out this week, with some products experiencing reduced production and supply. Some products have entered the maintenance concentration period, and most product prices are operating at the bottom, lacking upward momentum.

According to price monitoring by SunSirs, the vitamin C market has been running smoothly this week, with mainstream feed grade vitamin C quotes of 20-22 RMB/kg. The overall trading volume in the vitamin C market is light, with a high proportion of small orders being traded. Downstream just in needed entered the market, with weak demand. The overall market situation is mostly in line with the market, and there is currently no significant positive support, indicating a weaker performance.

This week, the price of vitamin A is running at a low level. The mainstream price of feed grade vitamin A in the market is 85-90 RMB/kg, and the European market is quoting 20-24 euros/kg. The vitamin A market has maintained stable trading volume, with domestic VA exports reaching 449.4 tons in June, a year-on-year increase of 9.84% and a month on month increase of 25.34%.

This week, the price of vitamin E is temporarily stable, and the current mainstream quotation in the VE market is between 68-73 RMB/kg. The European market offers a price of 6.8-7.5 euros per kilogram. Some large domestic factories are in the maintenance period and have suspended pricing. On August 1st, DSM VE products were suspended, and the market's willingness to push up has increased.

Market outlook

Vitamin analysts from SunSirs believe that some vitamins are currently in the bottom consolidation stage, with most small orders traded transactions on the market, lacking upward momentum. In the future, it is necessary to closely monitor the production, sales, and market trends of enterprises.

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