SunSirs: Vitamin Market Was Adjusted Weakly This Week (March 6-10)
March 15 2023 09:45:20 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the trend of the vitamin market continued to be weak this week, with weak demand. The prices of most products continued to fall, and the trading of individual varieties was relatively active.
According to the price monitoring of SunSirs, the vitamin C market fell slightly this week. The average price of food-grade vitamin C at the beginning of the week was 27 RMB/kg, and the average price at the end of the week was 26.67 RMB/kg, down 1.22%. The overall volume of vitamin C market was light, and the majority of transactions were small orders. The downstream entered the market just in needed, the demand was weak, and the overall market was mostly in line with the market. There was no obvious positive support for the time being, and the market was weaker.
The price of vitamin A continued to fall this week. The average price of feed-grade vitamin A at the beginning of the week was 93.5 RMB/kg, and the average price at the end of the week was 93 RMB/kg, a decrease of 1.22% during the week. On March 10, the mainstream market quotation was 88-92 RMB/kg, while the European market quotation fell to 23.5-26 euros/kg. The vitamin A market had maintained a weak downward trend. The domestic vitamin A supply was surplus, and the demand was poor. The vitamin A market was weak and difficult to change.
The price of vitamin E stabilized this week. As of the 10th, the mainstream price of VE market was between 75-80 RMB/kg. The European market offered 8.2-8.5 euros/kg. The willingness of the factory to support price was obvious, which pushed up slightly. The market trading was slightly active, and the market attention increased.
Market outlook
According to the vitamin analysts of SunSirs, as of March 10, some vitamin markets were still weak, and the wait-and-see atmosphere in the market was strong. In the future, it should pay close attention to the production, sales and market trends of enterprises.
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