The vitamin market is relatively strong in February

Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the bulk list data of Business Society, the domestic vitamin market maintained a strong trend in February, but the momentum was insufficient, and the continued upward momentum was limited.

 

According to the price monitoring of Business Society, the price of vitamin C increased in February, with a price of 21 yuan/kg at the beginning of the month and 21.67 yuan/kg on the 29th, with a monthly increase of 3.19%. The vitamin C market is supported by the export market, with upstream prices rising while downstream acceptance is still acceptable, with significant resistance to further increases.

 

The price of vitamin A continued to rise in February, with an average price of 77 yuan/kg at the beginning of the month and 81 yuan/kg at the end of the month, with a monthly increase of 5.04%. The current mainstream market quotation is around 82-85 yuan/kg, and the European market quotation is 19-20.5 euros/kg. The price of vitamin A in Europe has stabilized after rising, with all the positive news coming out. On exchange inquiries are active, with relatively few transactions, and downstream acceptance is still acceptable. In terms of production, some factories have parked but not opened, resulting in a favorable supply side.

 

In February, the price of vitamin E increased, with the mainstream market price around 65-68 yuan/kg. The European market quotation is 6.8-7.2 euros per kilogram. Recently, there have been many maintenance plans in China, with a favorable supply side and a strong willingness to raise prices upstream, which has provided some support for price increases.

 

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 there is insufficient upward momentum. The market lacks effective positive support, and we will closely monitor market trends and changes in enterprise production in the future.

http://www.lubonchem.com/

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