Price trend
According to the bulk list data of Business Society, there was a turning point in the domestic vitamin market in January, with some vitamin products starting to stop falling and rise, and the market atmosphere improved.
According to price monitoring by Business Society, the price of vitamin C in January was 19.33 yuan/kg at the beginning of the month, 20.67 yuan/kg on the 30th, with a monthly increase of 6.93%. The vitamin C market is supported by improved demand, with a better trading atmosphere on the exchange, an increase in inquiries, and some traders suspending their reports, resulting in an overall improvement in supply and demand.
In January, the price of vitamin A stopped falling and rose, with an average price of 75 yuan/kg at the beginning of the month and 77 yuan/kg at the end of the month, with a monthly increase of 2.64%. The current mainstream market quotation is around 80-85 yuan/kg, and the European market quotation is 19-20.5 euros/kg. The price increase of vitamin A in Europe has boosted market confidence with positive news, active inquiries on the market, and manufacturers actively pushing up prices. The downstream acceptance level is still acceptable.
In January, the price of vitamin E stopped falling and rose, with the mainstream market price around 65-70 yuan/kg. The European market quotation is 6.8-7.2 euros per kilogram. Boosted by the rise in European quotations. The domestic price of vitamin E is rising along with the trend. There have been many maintenance plans in China recently, and the supply side is favorable, which has provided some support for the price increase.
Future Market Forecast
Vitamin analysts from the Chemical Branch of Business Society believe that the current positive news in the vitamin market is exhausted, and as spring approaches, downstream stocking behavior may occur. We will closely monitor market trends and changes in enterprise production in the future.
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