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Vitamin Updates (08-14 December 2019)
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According to the preliminary data of Huitong Data Research Department:

Vitamin A: The VA market price this week is 314-320 yuan / kg (US$ 45-46 /kg). Earlier market news said that BASF's German plant VA1000 resumed production in November this year, with a lower operating rate in the fourth quarter, and plans to suspend production in the second half of 2020. The European VA1000 market price is about 70 euros / kg (US$ 78 /kg), and some manufacturers have recently quoted 350-380 yuan / kg (US$ 50-54 /kg). The VA market is running at a high level.

Vitamin E: The VE market price this week is 47-52 yuan / kg (US$ 7 /kg). DSM announced that Yimante plans to stop production and upgrade in early September. The shortage of m-cresol increased. On November 14, New Synthetic raised its VE offer to 52 yuan / kg (US$ 7 /kg). On November 19, Beisha Pharmaceutical stated that due to tight raw materials, VE production would decrease. Foreign media reports that DSM expects a 20-25% reduction in production at the Swiss plant in the first quarter of 2020, which does not rule out the impact to the second quarter. Turnover in the domestic VE market improved, and quotations rose slightly. The European VE market rose to € 5.4-6.2 / kg (US$ 6-7 /kg).

Calcium Pantothenate: This week's market price is about 355-390 yuan / kg (US$ 51-56 /kg) The supply of raw materials is tight, and the output of small manufacturers is low. There are few sources of supply and the price goes up. Need to continue to pay attention to the supply of raw materials, manufacturers and so on.

Nicotinamide: The market price this week is 44-46 yuan / kg (US$ 6-7 /kg) According to market news, the Longsha Nansha Nicotinamide Plant is scheduled to begin maintenance in November, and the maintenance time will be 6 weeks. The nicotinamide market has retreated to a low level, and domestic demand is picking up, raw material prices are high, and under the support of costs, some manufacturers have maintained a price mentality. On November 22, the latest offer of Shandong Hongda Nicotinamide product was 47 yuan / kg (US$ 7 /kg). The supply of low-priced goods decreased, and the offer price rose slightly.

Vitamin D3: The market price this week is about 100-108 yuan / kg (US$ 14-15v/kg), domestic demand is weak, and new manufacturers have entered. Recently, some manufacturers' prices have dropped, and the market price has declined.

Vitamin B1: The market price this week is around 155-160 yuan / kg (US$ 22-23 /kg). On October 24th, the brothers stated on the investor platform that the brother vitamins had completed the district-level acceptance. The People's Government of Dafeng District had applied for a municipal review. The company would try its best to speed up the restoration of brother vitamins. Recently, the B1 market price has been weakened.

Vitamin B2: The market price this week is around 95-105 yuan / kg (US$ 14-15 /kg). Market news on August 8th said that Hijano stopped quoting. Guangji Pharmaceutical announced on the evening of August 26 that the company's holding subsidiary Mengzhou Company completed various overhauls in advance and decided to resume production on August 27. The B2 market is operating at the bottom, and the willingness to replenish downstream stocks has increased.

Vitamin B6: This week, the market price is about 145-150 yuan / kg (US$ 21 /jg). There are new manufacturers entering, the market purchase and sales are weak, and the domestic market is weak.

Vitamin B12: The market price this week is around 168-172 yuan / kg (US$ 24-25 /kg). There are new manufacturers entering. Recently, the B12 market is weak. Guangji Pharmaceutical announced that it plans to raise 500 million yuan to invest in vitamin B12.

2% Biotin: This week's market price is 120-140 yuan / kg (US$ 17-20 /kg). On September 3, Hangzhou Kexing 2% biotin was raised to 150 yuan / kg (US$ 21 /kg), and the pure biotin price was raised to 950 US dollars / kg. November 18 Shengda 2% biotin is quoted at 220 yuan / kg (US$ 31 /kg), and pure biotin is quoted at $ 1,250 / kg. Some manufacturers have stopped production for a long time, the supply of pure products is tight, and the prices are firm. The domestic 2% biotin market has continued to rise, and the European and American 2% markets have risen to 15-24 euros / kg (US$ 17-27 /kg). The biotin market is on the strong side. Due to Zhejiang Medicine and Haijia Nuocun's resumption of production plans, it is necessary to pay attention to the development of manufacturers in the later period.

Folic acid: This week the market reported around 240-280 yuan / kg (US$ 34-40 /kg). From May to June, some manufacturers raised the price to 800-850 yuan / kg (US$ 114-121 /kg). New manufacturers entered. The downstream wait-and-see mentality was strong. The folic acid market was flat. On August 28, Niutang and Tiger offered 1,000 yuan / kg (US$ 143 /kg). Small manufacturers offered low prices. Recently, the folic acid market has been corrected.

Vitamin K3: This week (MSB) K3 market price is 55-60 yuan / kg (US$ 8-9 /kg). Recently, manufacturers' prices have dropped. K3 price has fallen to a low level. Supported by costs, some manufacturers have increased their quotations. On November 29th, market news said that Venida MSB prices 55 yuan / kg (US$ 8 /kg), MNB quotes 70 yuan / kg (US$ 10 /kg). The K3 market has focused on increasing purchases and sales, lower supply of low prices, and a slight upward trend at the bottom.

Vitamin C: The market price this week is about 22-25 yuan / kg (US$ 3-4 /kg). In October 2019, China's VC export volume was 9970 tons, a year-on-year decrease of 7%. From January to October 2019, the export volume was 131,000 tons, an increase of 11%. Calm, prices stabilized.

60% Choline: The market price this week is 4.6-4.8 yuan / kg (US$ 1 /kg). The choline raw material ethylene oxide market reference price is 7600-7800 yuan / ton this week. The price is temporarily stable.