Price trend

According to the data of the bulk list of business clubs, the domestic vitamin market fell in May due to the weak demand of downstream animal husbandry. The domestic vitamin C price fell slightly in May, with an average price of 40.33 yuan / kg at the beginning of the month and 40 yuan / kg at the end of the month, a monthly decrease of 0.82%.

According to the price monitoring of the business club, the vitamin C market as a whole was stable and small in May, with little change in rise and fall. Some factories continued to stop reporting, increasing market attention, but the downstream support was weak, and the focus of market negotiation was downward. By the end of the month, the mainstream price of feed grade vitamin C was 35-37 yuan / kg, and the mainstream price of food grade vitamin C was 36-40 yuan / kg.

In May, the price of vitamin a continued to fall, with an average price of 224 yuan / kg at the beginning of the month and 192 yuan / kg at the end of the month, a decrease of 14.06%. The mainstream market quotation is 180-190 yuan / kg, while the European market quotation drops to 54-60 euros / kg. According to the market news, on May 18, the market said that the XinHeCheng VA plant planned to stop production and overhaul for 10 weeks in mid June. The market attention increased, but the demand increment was limited.

In May, the price of vitamin E went down step by step, with an average price of 91 yuan / kg at the beginning of the month and 89 yuan / kg at the end of the month, a decrease of 2.02%. The current ve market price is 85-88 yuan / kg, and the European market price is 9.9-10.2 euros / kg. In April, the export volume of vitamins decreased, and the overall export volume was relatively stable. On May 24, the market said that XinHeCheng Shandong ve plant planned to stop production for maintenance for 8-9 weeks in mid June, and the news supported the strong price of vitamin E.

Aftermarket forecast

According to vitamin analysts of the chemical branch of the business community, the overall vitamin market is weak. With the arrival of the maintenance peak season in June, the supply may be tightened. The supply side will boost the vitamin market, and pay close attention to the manufacturers’ start-up and shutdown and market news.