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Vitamin Updates (20-26 October 2019)
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According to the preliminary data of Huitong Data Research Department:

Vitamin A: This week's VA market price is 328-340 yuan / kg (US$ 46-48 /kg). At the end of August, the market reported that BASF's German plant VA1000 is expected to resume production in November this year, with lower operating rates in the fourth quarter and plans to suspend production in the second half of 2020. The European VA1000 market price is about 78 Euro/kg (US$ 87 /kg), the demand is not good, the downstream enterprises are mostly ready to use, and the VA market price is loose.

Vitamin E: This week's VE market price is 43-46 yuan / kg (US$ 6-7 /kg). DSM announced that Yimante plans to start production suspension in early September. Market news said or discontinued to the Spring Festival. On August 30, there were import manufacturers VE quoted at 65 yuan / kg (US$ 9 /kg), the domestic pig feed output fell unfavorable demand, the domestic VE market consolidation, the price was adjusted back to the cost line. The European market is priced at 4.6 Euro/kg (US$ 5 /kg).

Calcium Pantothenate: This week's market price is about 345-375 yuan / kg (US$ 49-53 /kg), raw material supply is tight, new manufacturers enter the market low, the recent market purchases and sales improved, domestic manufacturers offer strong, market news said that part of the report 430 yuan / kg (US$ 61 /kg), the market is tight price. Need to continue to pay attention to raw material supply, manufacturer dynamics and so on.

Nicotinamide: This week's market price is 46-50 yuan / kg (US$ 7 /kg). As the raw material 3-cyanopyridine rose, the major manufacturers increased the price of nicotinamide to 55 yuan / kg (US$ 8 /kg). At the beginning of June, some manufacturers increased the price of nicotinamide products to 65 yuan / kg (US$ 9 /kg). On July 18th, the market reported that Jiyoulian raised the price of nicotinamide by 10%. On August 30, there was an importer's niacinamide price of RMB 65/kg (US$ 9 /kg). The demand was not good and the nicotinamide market was sorted out.

Vitamin D3: This week, the market price is about 140-155 yuan / kg (US$ 20-22 /kg), domestic demand is weak, there are new manufacturers to enter the product, some manufacturers recently quotation fell, the market quotes will be adjusted back.

Vitamin B1: This week's market price is around 178-185 yuan / kg (US$ 25-26 /kg). On September 29, the brothers announced that the vitamin has not resumed production yet. The heating company has not resumed heating for the time being. It is still in a state of temporary suspension of production, and the time for resumption of production is still uncertain. B1 market price consolidation.

Vitamin B2: This week's market price is around 102-110 yuan / kg (US$ 14-16 /kg). On August 8th, the market news said that Haijiao stopped offering. Guangji Pharmaceutical announced on the evening of August 26 that the company's controlling subsidiary, Mengzhou Company, completed various maintenance work ahead of schedule and decided to resume production on August 27. The price of B2 was sluggish for a long time, and some manufacturers stopped reporting the suspension.

Vitamin B6: This week, the market price is 160-168 yuan/kg (US$ 23-24 /kg). There are new manufacturers entering. At present, the price is low. Tianxin Pharmaceutical plans to suspend production for 60 days on July 20, and the domestic market is narrowly arranged.

Vitamin B12: This week, the market price is about 175-180 yuan / kg (US$ 25 /kg), there are new manufacturers to enter, the recent B12 market is weak. Guangji Pharmaceutical announced that it plans to raise 500 million yuan to build vitamin B12.

2% Biotin: This week, the market price is 67-75 yuan/kg (US$ 9-11 /kg), the raw materials are tight. On August 28, Shengda Biotin stopped reporting. On September 3, Hangzhou Kexing significantly increased the feed grade 2% biotin to 150 yuan/kg (US$ 21 /kg)., to improve the price of pure biotin pure products to 950 US dollars / kg, the market news that the European market 2% biotin quotes rose to 10 euros / kg (US$ 11 /kg), some manufacturers have a longer time to stop production, holding a price mentality, domestic market inventory consumption, Recently quoted prices rebounded.

Folic Acid: This week's market reported 310-380 yuan / kg (US$ 44-54 /kg). On May 6th, the price of Jiangsu manufacturers was raised to 600-650 yuan/kg (US$ 85-92 /kg). On May 10, the market reported that there were folic acid manufacturers quoting 800 yuan/kg (US$ 113 /kg). On June 3, individual manufacturers raised the price to 850 yuan/kg (US$ 120 /kg). New manufacturers entered. The downstream demand was weak, and the folic acid market was flat. Xinhong Pharmaceutical plans to stop the quotation in September. On August 28, the market reported that Niutang and Tiger were quoted at RMB 1,000/kg (US$ 141 /kg), and the folic acid market was recently consolidated.

Vitamin K3: This week (MSB) K3 market price 78-85 yuan / kg (US$ 11-12 /kg), on May 28, Minida increased MSB K3 offer to 130 yuan / kg (US$ 18 /kg), increase MNB K3 offer to 155 yuan / kg (US$ 22 /kg). This week, the market news that the Venida MSB K3 offer fell to 75 yuan / kg (US$ 11 /kg), MNB quoted 90 yuan / kg (US$ 13 /kg), the recent K3 market quotes callback.

Vitamin C: This week, the market price is 22-25 yuan / kg (US$ 3-4 /kg), the recent VC manufacturers offer down, the VC market fell to a historical low, while some manufacturers stopped production and production, the supply surface contracted, the VC market bottom up. According to market news, DSM Jiangshan Pharmaceutical Factory has stopped production upgrades and has stopped production since July. It is expected to be about three months. 

60% Choline: This week's market price is 4.65-4.8 yuan / kg (US$ 1 /kg), choline raw material ethylene oxide market reference price 8000-8300 yuan / ton this week, trimethylamine reference price 7000 yuan / ton, manufacturers centralized delivery supply Tight, the recent 50% content of choline increased to 4200-4300 yuan / ton.