Global vitamin market in a wait-and-see mode

In partnership with Feed Additive Prices

Highlights

A Chinese manufacturer has increased the price for vitamin D3 500, but no significant action seen as a result of that. Vitamin E and A have become stable in most regions. Some attempts by vitamin B2 manufacturers to increase the price, but no reaction from the market. D-Calpan still feels weak, although the price decline has not been significant anymore recently. The remainder of the vitamin market feels very quiet.

Vitamin E 50%

The vitamin E market seems very calm and no significant further price decline is seen at the moment. There is already some cover on Q2, but buyers remain cautious about booking further forward, as they are not sure if prices will weaken further.

Vitamin A 1000

No changes were seen compared to previous weeks. For now, it seems the price in all regions has been stabilised, or at least there is no significant decline in price anymore. Regional differences are still seen in terms of market activity. Some buyers contract forward or consider doing so, as the price is really low and they want to secure availability. While others continue to buy hand to mouth. A large portion of Q2 is contracted.

Vitamin D3 500

Today a Chinese manufacturer has announced a price increase for new business. Until now no significant reaction seen from the market, mostly because there is already a good cover on Q2 in place and no need to buy additional material right now. In Europe, prices are a bit firmer in the last few weeks, as the situation in Europe with import disruptions at the borders is still not fully clear in terms of availability in Q2 and onwards. This has led to increased stocking at several distributors and end-users. Q2 is mostly contracted by now.

D-Calpan

Prices in China seem to have stopped declining, and in other regions, the speed of decline seems less than in previous weeks. Buyers are still careful to book significant volume forward as there is still a concern about further potential price decline. A portion of Q2 has been contracted, but conservatively.

Vitamin B3

The market is well contracted and it has become relatively quiet in terms of buying. The overall sentiment has stayed a bit bullish, as most suppliers and manufacturers try to increase prices. Overall, at least the price decline seems to have stopped. The price is still at a very low level though. Overall Q2 and a portion of Q3 are contracted.