SunSirs: The Vitamins Market Was Running at a Low Level This Week (September 11-15)

Price trend

According to the data of SunSirs, the vitamin market was sorting out this week, with some products stabilizing after a decline, some products entering a maintenance concentration period, and most product prices running at the bottom, lacking upward momentum.

Analysis review

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

This week, the price of vitamin A was running at a low level. The mainstream price of feed grade vitamin A in the market was 82-85 RMB/kg, and the European market was quoting 20-24 euros/kg. The vitamin A market had stable trading volume, but due to the extended maintenance of foreign vitamin A factories, the market production and sales was weak.

This week, the prices of vitamin E were at a low level, with mainstream prices in the VE market ranging from 68 to 73 RMB/kg. The quotation for the European market was 7-7.5 euros/kg. Some large domestic factories were in the maintenance period and suspended pricing. On August 1st, DSM VE products were suspended, increasing market attention. On September 14th, the market quotation for DSM VE was raised to 70 RMB/kg.

Market outlook

Vitamin analysts from SunSirs believe that some vitamins were in the bottom consolidation stage, with mostly small and single 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.