Vitamin prices show mixed trends across key products, with some remaining stable while others experience price fluctuations. As we head into Q2 2025, supply chain adjustments and material shortages continue to impact the market. Here’s a quick overview of the latest developments for Vitamin E, A, D3, B2, B3, Biotin, and Vitamin C (week 10).
In partnership with Feed Additive Prices
Vitamin E prices have shown a consistent trend with only minor fluctuations as suppliers work to implement price adjustments while managing their supply chains. The current stock levels appear adequate, which has helped maintain price stability while permitting slight declines. Contracts for the first quarter are confirmed, and a portion of the second quarter has also been secured.
The market continues to reflect a stable to weak phase, with a cautious outlook driven by expectations of increased capacity from China and a Western supplier still facing force majeure but anticipated to resume operations later this year, which will contribute additional volume. Buyer activity remains tentative, characterized by a wait-and-see attitude, while Q1 contracts are already secured.
The current high prices of Vitamin D3 are primarily driven by ongoing material shortages and steadfast pricing from suppliers. However, with most materials now secured for immediate use, market activity has noticeably decreased, leading to a reduction in transactions. At this point, it appears that the market may continue to exhibit firmness.
Manufacturers continue to express an interest in increasing prices; however, the market remains stable and appears to be in a well-balanced state. In Europe, a modest decline in prices has been noted recently, while elsewhere, prices have held steady for a considerable duration. Looking ahead, no major fluctuations are expected in the near term, and the first quarter is now completely contracted.
In all regions, the market remains quite stable regarding actual transaction prices and the market price continues to be low. While some key suppliers of d-calpan are eager to see prices rise, the prevailing oversupply has so far prevented a shift from the current pricing structure, and no significant changes are anticipated in the near future. The first quarter and part of the second quarter are already contracted.
On February 14, 2025, a fire broke out at one of the vitamin B3 manufacturers’ niacin plant, fortunately resulting in no reported injuries or casualties, while the niacinamide plan continues to operate without disruption. The manufacturer has declared force majeure due to severe damages, which may require a significant amount of time for recovery. Prices have not shown any increase since then, they have actually declined a bit in some regions. Q1 and a good portion of Q2 have been contracted.
The biotin market has shown stability over the past few months, consistently maintaining a historically low level. Despite numerous attempts by suppliers to increase prices, they have yet to achieve success. The current market remains balanced, with no significant fluctuations expected in the near term.
The current landscape illustrates a clear intention among suppliers to elevate prices, either by implementing direct increases or by holding back on offers, even as some are presenting lower FOB China prices than in previous weeks. So far this has resulted in a very static market with actually stable to slightly weaker prices in most regions, instead of firmer prices. Additionally, a substantial number of contracts for both the first and second quarters have already been finalised.