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Vitamin market dynamics for the 44th week of 2020

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According to the preliminary statistics from the Data Research Department of Huitong:

  VA: The VA market price is 355-370 yuan/kg this week. BASF notified the customer by email that the German factories VA and AD3 stopped receiving orders in the third quarter due to quality problems. In the fourth quarter of 2020, the supply of VA1000 and AD3 products is limited, and BASF will report the progress and outlook in November. The European VA1000 market price is 75-80 Euro/kg. The domestic VA market is weak and finishing high.
  VE: VE market price is 61-64 yuan/kg this week. On September 25, market news stated that Xinhecheng VE stopped taking orders. Recently, market purchases and sales have been flat, with European market quotations at 6.0-6.5 Euro/kg, and the domestic VE market has been stable and weak.
   Nicotinamide: The market price is 50-54 yuan/kg this week. On July 27, Lonza announced the maintenance plan for two vitamin B3 plants. The Swiss plant will suspend production for four weeks in October 2020, and the Nansha plant in China will suspend production for eight weeks from mid-September to mid-November 2020. The low-price supply in the market has decreased.
   Calcium pantothenate: The market price this week is 72-76 yuan/kg. The market has fallen to a low level, and downstream companies have increased their willingness to replenish inventory. The European market price is 8.5-9 Euro/kg.
D3: This week's market price is around 160-170 yuan/kg, and the European market price is 17-19 euros/kg. The new domestic vitamin D3 oil standard will be implemented on July 1, 2020, with animal brain stem cholesterol as the starting material The VD3 produced will not continue to be sold in China. In August, some manufacturers in Zhejiang were overhauled, and the garden biology price was 500 yuan/kg.
  B1: The market price this week is around 152-160 yuan/kg. The market purchases and sales were weak, and the quotations were stable and weak.
  B2: The market price this week is around RMB 88-95/kg. According to market news, the Chifeng old factory of Haijianuo plans to suspend production and relocate at the end of June, and the relocation time is 6 months. Manufacturers cut prices for sales, and the market is low.
  B6: This week, the market price is around 118-128 yuan/kg. Manufacturers' quotations have fallen and the market has pulled back to a low level. On June 30, market news stated that Tianxin planned to suspend production for 60 days. Recently, Huazhong Pharmaceutical has rectified and repaired due to peculiar smell. Dafeng Haijianuo received approval for resumption of work and production, and B6 gradually resumed production.
   B12: This week, the market price is about 132-140 yuan/kg. Guangji Pharmaceutical announced that it plans to raise 500 million yuan to build vitamin B12, and the B12 market price is low and weak.
   2% biotin: this week’s market price is 105-120 yuan/kg, and the European 2% biotin market price is 16-18 euros/kg. Hijano biotin production is expected to resume before mid-September. The biotin market pulled back to a low level.
   Folic acid: The market report this week is about 195-205 yuan/kg. Recently, purchases and sales have been weak, and the market has fallen to a low level and narrowed.
   K3: This week's (MSB) K3 market price is 80-85 yuan/kg. Zhenhua shares announced on the evening of August 9 that the company intends to purchase 100% equity of Minfeng Chemical held by the Chemical Medicine Group through the issuance of shares. Due to rising raw material costs, this week, Brother Technology, Zhenhua, Minfeng and other manufacturers of feed grade K3 MSB96 increased the price to 93-95 yuan/kg, and MNB96 increased the price to 113-115 yuan/kg.
  VC: This week, the market price is around 25-28 yuan/kg. The non-coronavirus epidemic is spreading rapidly, and the demand for VC has increased. Previously, the original powder manufacturers concentrated on raising prices. Recently, the purchase and sales have slowed down. Supported by cost, VC market quotes are stable but strong.
  60% Choline: The market price this week is 4.5-4.8 yuan/kg. The quotation of raw material ethylene oxide has been stable recently, the shortage of trimethylamine has eased, and the market has fluctuated within a narrow range.
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