Price trend

According to the bulk list data of Business Society, the domestic vitamin market lowered its low level in July, with most products experiencing minor adjustments to their low levels. Some varieties returned to a stable state after experiencing changes, and overall trading remained weak.

According to the price monitoring of Business Society, the price of vitamin C slightly decreased in July, with a price of 23.67 yuan/kg at the beginning of the month and 23.33 yuan/kg on the 31st, a monthly decrease of 1.44%. Affected by the continuous decline in demand, the market price of vitamin C has continued to decline. With the weather turning hot, there are more planned maintenance companies and a decrease in vitamin supply. Downstream demand remains small and rigid, controlling the market situation. The focus of consolidation trading has fallen.

The price of vitamin A slightly adjusted in July, with an average price of 91.75 yuan/kg at the beginning of the month and 90.75 yuan/kg at the end of the month, a monthly decrease of 1.09%. The current mainstream market quotation is 88-92 yuan/kg, and the European market quotation is 20-24 euros/kg. The weak demand in the vitamin A market has led to prices dropping to their lowest levels in recent years, with limited room for further decline.

In July, the price of vitamin E slightly adjusted, and the mainstream market price remained stable around 70 yuan/kg. The quotation for the European market is 6.9-7.35 euros/kilogram. Large domestic factories have suspended production for maintenance, and the vitamin E market has started to stabilize in the middle of the year. The willingness of factories to increase prices is obvious, with downstream demand being the main demand.

Future Market Forecast

Vitamin analysts from the Chemical Branch of the Business Society believe that some vitamin prices have already bottomed out, and there is limited room for upstream price reductions. The market is in the stage of finding support points, and without significant positive factors to boost it, most products are expected to maintain low volatility. In the future, we will closely monitor market trends and changes in enterprise production.