The vitamin market is weak this week (8.21-8.25)

Price trend

 

PVA

According to the bulk list data of Business Society, the vitamin market has been in operation this week, with some products stabilizing after a decline, some products entering a maintenance concentration period, and most product prices running at the bottom, lacking upward momentum.

 

According to price monitoring by Business Society, the vitamin C market has been running smoothly this week, with mainstream feed grade vitamin C quotes of 20-22 yuan/kg. The overall trading volume in the vitamin C market is light, with a high proportion of small orders being traded. Downstream markets just need to enter the market, with weak demand. The overall market situation is mostly in line with the market, and there is currently no significant positive support, indicating a weak performance.

 

PVA 1788 (PVA BP17)

This week, the price of vitamin A is running at a low level. The mainstream price of feed grade vitamin A in the market is 85-90 yuan/kg, and the European market is quoting 20-24 euros/kg. The transaction volume in the vitamin A market is stable. Due to the extended maintenance of foreign vitamin A factories, the domestic export market has performed well and the export volume has steadily increased.

 

This week, the prices of vitamin E have been at a low level, with mainstream prices in the VE market ranging from 68 to 73 yuan/ton. The quotation for the European market is 7-7.5 euros/kilogram. Some large domestic factories are in the maintenance period and have suspended pricing. On August 1st, DSM VE products were suspended, increasing market attention.

 

Future Market Forecast

 

Vitamin analysts from the Chemical Branch of the Business Society believe that some vitamins are currently in the bottom consolidation stage, with small and mostly single traded transactions on the market, lacking upward momentum. They will closely monitor the production, sales, and market trends of enterprises in the future.

http://www.pva-china.net

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