The recent lifting of the force majeure on Vitamin A 1000 has had minimal market impact, with prices continuing to ease. Overall, the vitamins market remains weak to stable, as strong availability and cautious demand keep pressure on prices. Summer maintenance and partial Q3 contracting have done little to shift the current trend. Vitamin market update week 27
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Prices in the USA are still relatively stable, with a slight weakening tone to it. In other regions, the price continues to decline step by step as availability seems fine and buyers remain conservative. Several manufacturers are carrying out summer plant maintenance, but that seems to have no impact so far on the supply chain or stocks. A decent portion of Q3 is contracted.
BASF has lifted the force majeure now also on vitamin A1000. No specific impact on the market has been seen so far. Similar to previous weeks/months, the prices continue to decline step by step as availability seems more than fine. Market participants indicate that no nearby changes are expected in the current weak trend. Only a relatively small portion of Q3 has been contracted.
No significant changes were seen compared to previous weeks. Prices FOB China are stable to slightly weaker, but still at a relatively high level. Prices in other regions are mostly stable, and availability remains tight. Q3 is mostly contracted.
Mostly stable prices in China and the USA. But slightly weaker prices in Europe due to the stronger EUR against the USD. Overall, no significant changes are seen compared to previous weeks. Q3 is partly contracted.
Several Chinese suppliers continue to be aggressive on price and want to move volume. This has led to further price decline in an already low-priced market. One of the manufacturers is still under force majeure, after an incident at the beginning of this year. The overall market remains weak. Q3 is partly contracted.