Price trend

According to the bulk list data of the business agency, the domestic vitamin market continued to decline in March, with relatively active trading of individual products, a general atmosphere, and a downward trend in prices.

According to the price monitoring of the Business Agency, vitamin C decreased slightly in March, with the average price of food vitamin C at the beginning of the month being 27 yuan/kg, and the average price at the end of the month stabilizing at 25.33 yuan/kg, a decrease of 6.19%. Affected by the continued decline in demand, the market price of vitamin C continues to decline, and there is no obvious positive information guidance in the market, resulting in a weak price of vitamin C that is difficult to correct.

In March, the decline in vitamin A prices slowed down, with an average price of 94 yuan/kg at the beginning of the month and 92 yuan/kg at the end of the month, with a monthly decrease of 2.13%. The current mainstream market quotation is 88-92 yuan/kg, and the European market quotation is 23.5-25 euros/kg. The demand for vitamin A in the market is weak, and despite constant news from maintenance and parking companies, it has not brought significant benefits to the market. Market purchases and sales are mostly in line with the market, and the focus of price transactions continues to shift downward.

In March, the overall price of vitamin E fell, with the average price of feed grade vitamin E at the beginning of the month being 79 yuan/kg, and the average price at the end of the month being 78.33 yuan/kg, a monthly decrease of 0.85%. The quotation for the European market is 8.0-8.2 euros/kg. Large domestic factories have stopped production for maintenance, and the vitamin E market has stabilized in the middle of the year. The willingness of factories to increase prices is evident, with downstream demand primarily emerging.

Aftermarket Forecast

Vitamin analysts from the Chemical Branch of the Business Society believe that the current vitamin market demand is still weak, with small orders being mostly traded. Without the guidance of significant positive factors, it is expected that the vitamin market will maintain a weak downward trend, and close attention will be paid to market trends and changes in enterprise production in the future.