Review price increase information continues to rise the vitamin E market

According to the data, since August 10, vitamin E quotes are gradually higher. On August 17, there was news that Jilin Beisha feed grade VE quoted 86 yuan/kg, and earlier Xinhecheng announced that the latest quotation of vitamin E (feed grade powder) was 92 yuan/kg, together with the gradual recovery of the VE market, VE manufacturers have increased their quotes and traders are actively shipping. Domestic factories mainly issued preorders, the late importers limited supply of goods, the low-cost goods on the market to reduce.

It is understood that manufacturers concentrated maintenance to support higher prices. Zhejiang medicine from August 1 to September 15 maintenance, its VE products stop reporting, a European manufacturer VE production line since the beginning of August to stop maintenance 4 weeks. In addition, VA also has a strong trend. Previously, BASF email informed customers of the German factory VA and AD3 due to quality problems, June orders can not be shipped, and stop receiving orders in the third quarter. Domestic, new and into the VA production line since July began maintenance, the end of August; Zhejiang Pharmaceutical August 1 to September 15, maintenance shutdown. Recently, the market reflected that some domestic factories on the customer offer to 470-480 yuan / kg, VA market turnover upward.

Downstream consumption side, the national hog production continued to recover faster in July. Reproduction sow inventory increased steadily, and hog inventory increased year-on-year for the first time since April 2018. In addition, pig farmers to replenish and increase the momentum of raising hogs. Favorable post-cycle feed, additives and so on are expected to fully benefit.