Price trend

According to the monitoring data of SunSirs, the vitamin market overall remained stable this week, the demand was not awesome, and the overall market remained weak.

Analysis review

According to the price monitoring of SunSirs, the price of vitamin C was stable this week, and the average price of food grade vitamin C was stable at 27.33 RMB/kg, with no increase or decrease, and down 43.85% year on year. The factories continued to stop quoting, the trader's price followed the market, and the downstream was just on-demand, and the factories gave up profits to delivery.

The price of raw corn was at a high level. It is expected that the price of corn in major production and sales areas will remain bullish in the second half of November, with a small number of markets stable.

This week, the price of vitamin A was consolidated, and the average price of feed grade vitamin A was stable at 107.5 RMB/kg, with no increase or decrease, down 63.76% year on year. The mainstream market quotation was 98-105 RMB/kg, while the European market quotation dropped to 29-33 euros/kg. The market supply and demand were stable, with rigid demand mainly, lacking favorable support, and the price focus of vitamin A continued to decline.

The price of vitamin E was stable this week, with the VE market quotation of 82-84 RMB/kg and the European market quotation of 8.9-9.2 euros/kg. Recently, the market good news is limited, the demand side remained stable, and the price of vitamin E ran firmly.

Market outlook

Vitamin analysts from SunSirs believed that there was no substantial positive factor guidance in the current vitamin market, the demand side was slow to follow up, and there were many small orders. It is expected that the vitamin market will continue the current trend in the short term and pay close attention to the production downtime and delivery of the factory.  

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