Vitamin Daily 12.23

The domestic vitamin market remained stable and weak. Affected by the dual control policy of energy consumption, tight supply of raw materials and rising costs, upstream factories have a strong willingness to raise prices; domestic distribution channels are trapped by pressure from inventory funds, and shipments are active; the market has entered the stage of digestion and consolidation, and downstream inventories are relatively substantial. Demand is still weak, with a wait-and-see attitude. Due to the superimposed influence of multiple factors, upstream factories still maintain a high price mentality; downstream inquiries are slightly active, market trading has increased slightly, calcium pantothenate continues to be popular, and prices of some categories have weakened. In the later stage, we need to pay attention to factory production and delivery. Most vitamin varieties in the European market are at a disadvantage.

Vitamin A

At present, the domestic market price of VA500 is 270-285 yuan/kg, and the market inquiries are average, and the price basically remains stable. The European VA1000 market price is 69.00-74.00 Euro/kg. On November 5, Zhejiang Medicine raised its vitamin A quotation to 360 yuan/kg. BASF plans to gradually provide regular commercial supply of vitamin A (1 million IU) starting in January 2022.

Vitamin E

At present, the domestic VE market price is 85-90 yuan/kg, the downstream demand is weak, the market inquiries are general, the price is basically stable, and some are slightly lower. Traders in the European market are quoted at 10.80-11.35 Euro/kg. On November 5, Zhejiang Medicine raised its vitamin E quotation to 108 yuan/kg.

Vitamin D3

At present, the mainstream price of vitamin D3 in the domestic market is 100-115 yuan/kg, and the European market price is 15.00-17.00 euros/kg. Market demand is weak, inquiries are general, and prices are basically stable. On October 20, Weishi Biologics raised the price of vitamin D3 (500 particles) to 350 yuan/kg and 50 US dollars/kg.

Calcium Pantothenate

At present, the mainstream price of calcium pantothenate in the domestic market is 115-130 yuan/kg; the European market price is 16.50-19.00 euros/kg. Affected by energy consumption policies and rising costs, factories have a strong willingness to raise prices, and the inquiries are acceptable. The market price of calcium pantothenate remains strong.

Vitamin B1

At present, the domestic vitamin B1 market quotation is broad at 166-172 yuan/kg, and the downstream demand is average. Affected by market information, the B1 quotation remains stable after a substantial increase, and the inquiries are weak. On October 18, affected by the tight supply of energy and raw materials, Tianxin Pharmaceutical's vitamin B1 (Nitric Acid) price was raised to 190 yuan/kg.

Vitamin B2

The current market price of VB2 (80%) is 94-100 yuan/kg, the European market price is 16.00-17.00 Euro/kg, and the market price of VB2 (98%) is 370-390 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 160-175 yuan/kg, and the market price of MNB is 185-205 yuan/kg. Market supply is tight, inquiries are active, K3 prices remain strong, and quotations are 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 70-75 yuan/kg, the market inquiries are average, and the trading price is stable and slightly weaker. The European 2% biotin price is 9.90-10.90 Euro/kg.

CHOLINE Chloride

The current domestic market price of choline chloride is 8.0-8.5 yuan/kg. The supply of choline's main raw materials has eased, the price of trimethylamine remains high, and the price of choline has become more volatile. In the later stage, it is necessary to pay attention to the changes in the cost of choline and the production and shipment situation.