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Home > News > Pharma News > Vitamin market staged the end of the year

Vitamin market staged the end of the year

ECHEMI 2020-12-29

Recent safety accidents, environmental protection, power curtailment and other factors have affected the resonance, and the vitamin market rebounded. In the northern region, Shandong, Shanxi, Hebei, Henan and other places issued successive environmental protection production restrictions. Coal mining fell and prices soared in the fourth quarter. In the south, Zhejiang, Jiangxi, Hunan and other places have started the "power curtailment" mode, the operating rate of factories has dropped, and the cost of vitamin production has increased. The price of some vitamins in the early stage has been adjusted to a low level, the quotations of raw materials have risen, and the manufacturers have a strong attitude toward prices. Currently, they are in the stocking period before the year. The market is active in purchase and sales. The transactions in the VA, VE, B1, B12, and folic acid markets are on the rise. . In December, many manufacturers stopped reporting or raised prices, as detailed below:

 

Tianxin Pharmaceutical, Jiangsu Brother Manufacturer B1 products stop reporting

 

Due to the increase in raw materials, Shandong Kunda increased its offer of nicotinamide to 55 yuan/kg, and the price of brother nicotinamide products to 60 yuan/kg

 

B12 manufacturers raise prices to 160-165 yuan/kg

 

Tianxin Pharmaceutical raises the price of folic acid to 230 yuan/kg

 

Xinhecheng’s VE products stop reporting, Beisha Pharmaceutical’s VE price increases to 70 yuan/kg

 

Some VA manufacturers stopped reporting, and individual domestic manufacturers quoted 300 yuan/kg

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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