Price trend

According to monitoring data from SunSirs, the vitamin market was sorting out this week, with some product inquiries active. As summer approached, some products had entered the maintenance concentration period, and most product prices were running at the bottom, lacking upward momentum.

According to price monitoring by SunSirs, the vitamin C market was running smoothly this week, with mainstream feed grade vitamin C prices ranging from 21 to 22 RMB/kg. The overall trading volume in the vitamin C market was light, with a high proportion of small orders being traded. Downstream entered the market just in needed, and demand was weak. The overall market situation was mostly in line with the market, and there was currently no significant positive support, indicating a weaker performance.

This week, the price of vitamin A was running at a low level. The mainstream price of feed grade vitamin A in the market was 88-90 RMB/kg, and the quotation in the European market was 20-24 euros/kg. The vitamin A market had stable trading volume, the domestic supply of vitamin A was surplus, coupled with weak demand, making it difficult to improve.

The price of vitamin E was temporarily stable this week, and the current mainstream quotation in the VE market was between 70-75 RMB/kg. The quotation for the European market was 7.2-7.5 euros per kilogram. The weather had turned hot, the planned maintenance companies were increased and supply was expected to reduce, vitamin E prices showed strong performance.

Market outlook

Vitamin analysts from SunSirs believe that as of July 21, some vitamins were in the bottom consolidation stage, with traded transactions mostly small orders on the market, and lacking upward momentum. In the future, it is necessary to closely monitor the production, sales, and market trends of enterprises.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.