The vitamin market remained weak this week (11.20-11.24)

Price trend

 

PVA

According to the bulk list data from Business Society, the vitamin market remained weak this week, and downstream entry enthusiasm remained weak, resulting in a weak supply-demand situation in the market.

 

According to price monitoring by Business Society, the vitamin C market has been operating steadily this week, with mainstream feed grade vitamin C prices ranging from 18 to 19 yuan/kg and European market vitamin C prices ranging from 2.25 to 2.40 euros/kg. Recently, there has been a slight increase in the corn market, but the magnitude is limited, and the boost to the vitamin market is limited. The overall market trend is mostly in line with the market, with no obvious positive support and weak operation.

 

PVA 1788 (PVA BP17)

This week, the price of vitamin A has slightly declined, with the mainstream price of feed grade vitamin A in the market being 74-76 yuan/kg and the European market quoting 15.5-22 euros/kg. The vitamin A market has stable trading, but due to the extended maintenance of foreign vitamin A factories, the market production and sales have been weak.

 

This week, the price of vitamin E has declined at a low level, with the current mainstream VE market quotation ranging from 63 to 65 yuan/ton. The European market quotation is 6.65-6.95 euros per kilogram. Some large domestic factories are in the maintenance period and have suspended their quotations. Manufacturers rarely provide quotations, while traders follow the market and negotiate mainly.

 

Future Market Forecast

 

Vitamin analysts from the Chemical Branch of Shengyishe believe that some vitamins are still in a sluggish stage, with small and single 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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