Price trend

According to data from the bulk list of business news agencies, the trend of the vitamin market this week continues to be weak, with weak demand. The prices of most products continue to decline, and the trading of individual varieties is relatively active.

According to the price monitoring of the Business Agency, the vitamin C market fell slightly this week, with the average price of food grade vitamin C at 26.33 yuan/kg at the beginning of the week and 26 yuan/kg at the end of the week, a decrease of 1.26%. The overall trading volume of vitamin C market is light, with a large number of small orders traded. The downstream market just needs to enter the market, and the demand is weak. The overall market situation is mostly in line with the market, with no significant positive support for the time being, and the operation is weak.

The price of vitamin A continued to decline this week, with the average price of feed grade vitamin A at the beginning of the week at 92.5 yuan/kg and at the end of the week at 92.25 yuan/kg, a decrease of 0.27% during the week. The current mainstream market quotation is 88-92 yuan/kg, while the European market quotation has dropped to 23.5-25 euros/kg. The vitamin A market has maintained a weak downward trend, with domestic vitamin A oversupply and weak demand, making it difficult to overcome the weakness of vitamin A.

The price of vitamin E has not fluctuated much this week, with the current mainstream price quoted in the VE market ranging from 75-80 yuan per ton. The quotation for the European market is 8.2-8.4 euros/kg. The willingness of factories to stand up to prices is obvious, but the push up is weak. Market trading is slightly active, and market attention has increased.

Aftermarket Forecast

Vitamin analysts from the Chemical Branch of the Business Society believe that some vitamin markets are still weak and there is a strong wait-and-see atmosphere in the market. In the future, they will closely monitor the production, sales, and market trends of enterprises.