China Vitamins Market situation -Jan. 19, 2024

the rebound cycle of vitamins price has fully begun

Almost every vitamin price has already or started to rise, the rebound cycle of vitamins price has fully begun.

China Vitamin C manufacturers have stopped quoting price since the end of December 2023, it has been more than a month. Based on current feedback, vitamin C manufacturers have no intention to resume their quotation, they do not provide a quotation for new inquiries or accept new orders temporarily. the low price vitamin C inventory are no longer available. So far there is no exact information when vitamin C producers will resume its quotation. It is estimated that the Vitamin C producers will resume their quotation after Chinese Lunar New Year, while how much the vitamin C price will be in that time ?

DSM raised the feed grade price of vitamin A to $7.50/kg in mid December 2023. BASF Vitamin A quotation was suspended, and some Chinese factory had increased the price of vitamin A to $10.5/kg. The price of vitamin A price bottomed out and rebounded. Can this situation continue? It depends on producers' inventory and market stock, digestion level etc, but vitamin A price will definitely not fall in short term.

Recently, the vitamin B1 has received high attention because of the price suspension of vitamin B1 manufacturers. Though some manufacturers quoted prices earlier, then they stopped quoting very soon. After the price of vitamin B1 hit bottom and rebounded, the vitamin B1 market price has been rising step by step.