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Home > News > Food Industry News > Vitamins: The willingness of downstream purchases is flat, and the market wait-and-see sentiment is obvious

Vitamins: The willingness of downstream purchases is flat, and the market wait-and-see sentiment is obvious

ECHEMI 2021-11-15

The domestic vitamin market is generally stable. Affected by the dual control policy of energy consumption, tight supply of raw materials and rising costs, upstream factories have raised prices or raised prices; domestic distribution channels are trapped by pressure on inventory funds, shipments are active, and there are more bargaining transactions; market demand is still weak , Affected by the upstream raw material supply concerns, the downstream intends to purchase additional purchases to enrich the inventory. The influence of multiple factors is superimposed. The upstream factories are willing to raise prices, and the supply of some categories is still tight and prices are firm; terminal inventories are relatively abundant, and the willingness to replenish goods is reduced, mainly due to wait-and-see sentiment; overall market inquiries are stable and weak, and calcium pantothenate , The trading price of K3 goes up and the purchase and sales are smooth, and the production and delivery of the factory need to be paid attention to in the later stage. Most vitamin varieties in the European market are at a disadvantage.


On November 12, affected by the rising cost of raw materials, Zhenhua shares continued to increase the price of Vitamin K3. Zhenhua Minfeng Vitamin K3 was quoted at 205 yuan/kg and MNB at 225 yuan/kg.


Vitamin A

At present, the domestic market price of VA500 is 280-310 yuan/kg, and the market inquiries are general, and the price is basically stable. The European VA1000 market price is 70.00-74.00 Euro/kg. On October 21, BASF's global vitamin and carotene products raised their quotations by 15%-20%. On November 5, Zhejiang Medicine raised its vitamin A quotation to 360 yuan/kg.


Vitamin E

The current domestic VE market price is 89-94 yuan/kg. Affected by market news, inquiries are active and prices remain high. Traders in the European market are quoting 10.50-11.50 Euro/kg. On October 18, due to the increase in raw material costs and the dual control policy, the price of Xinhecheng vitamin E was raised to 98 yuan/kg, and the export price was $13.5/kg. On November 5, Zhejiang Medicine raised its vitamin E price to 108 yuan/kg.


Vitamin D3

At present, the mainstream price of vitamin D3 in the domestic market is 100-120 yuan/kg, and the quotation in the European market is 14.50-20.00 euros/kg. Market demand is weak, inquiries are average, and prices are basically stable. On October 20, Weishi Biologics raised the price of vitamin D3 (500 microparticles) to 350 yuan/kg and 50 US dollars/kg.


calcium pantothenate

At present, the mainstream price of calcium pantothenate in the domestic market is 112-125 yuan/kg; the price in the European market is 18.00-20.00 euros/kg. Affected by energy consumption policies and rising costs, some factories have increased their quotations, supply is tight, and the market price of calcium pantothenate has broadly strengthened.


Vitamin B1

At present, the domestic vitamin B1 market quotation is broad at 175-180 yuan/kg, and the downstream demand is average. Affected by market information, the B1 quotation remains stable after a substantial increase, and the inquiry is acceptable. On October 18, affected by the tight supply of energy and raw materials, the price of Vitamin B1 (Nitric Acid) in Tianxin Pharmaceutical was raised to 190 yuan/kg.


Vitamin B2

The current market price of VB2 (80%) is 95-100 yuan/kg, the European market price is 15.00-17.00 Euro/kg, and the market price of VB2 (98%) is 385-405 yuan/kg. The market demand is general, the factory raises the quotation, and the market quotation stabilizes after the increase.


Vitamin K3

At present, the mainstream price of vitamin K3 (MSB) in the market is 140-155 yuan/kg, and the market price of MNB is 165-185 yuan/kg. The market supply is tight, the inquiries are active, the K3 price rises strongly, and the quotation is broad. On November 12, affected by the rising cost of raw materials, Zhenhua shares continued to increase the price of vitamin K3. Zhenhua Minfeng Vitamin K3 was quoted at 205 yuan/kg and MNB at 225 yuan/kg.


Biotin

At present, the domestic market price of 2% biotin is 80-86 yuan/kg, the market inquiries are average, and the trading price is basically stable. The European price of 2% biotin is 10.00-11.00 Euro/kg.


CHOLINE Chloride

The current domestic market price of choline chloride is 9.5-11.0 yuan/kg. The supply of choline's main raw materials has gradually eased, and the market price has continued to be strong; the choline factory has successively implemented the preliminary contracts, and the new order quotations have remained high. In the later stage, attention should be paid to the changes in the cost of choline and the production and shipment situation.

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

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