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Home > News > Valuable News > Basf shut down again, and the story of price rise came back again?

Basf shut down again, and the story of price rise came back again?

ECHEMI 2019-07-11

BASF-shutdown

According to the Associated Press, in June, VA1000NXT products were suspended due to cooling device problems. A recent survey was released, indicating that it was not expected to be repaired before the scheduled September-October maintenance period. Vitamin A (1 million IU) was expected to be unable to resume production before the end of October.

 As the leader of the vitamin industry, the shutdown of BASF will cause the supply and demand of vitamin A products to a large extent. This is probably good for the domestic vitamin industry. In fact, as early as October 2017, there was a wave of speculation about the concept of vitamin price rise in A shares because of the fire in the Basf vitamin factory. At that time, benchmarking enterprises were the new and successful leaders in the vitamin industry. This time, Basf Vitamin A plant has been shut down again, and a similar market may be on the horizon again.

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