Vitamin market update: BASF silent on return of vitamin A and E supply
The vitamin market remains cautious as BASF delays updates on vitamin A 1000 and E 50% supply returns. Prices for vitamins A and E continue to decline amid ample supply and weak demand. Vitamin D3 500 stays stable but tight, while other vitamins show mixed trends. This update sheds light on the evolving market dynamics heading into Q3.
In partnership with Feed Additive Prices
Vitamin E 50%
Despite several plant maintenance announcements from Chinese manufacturers for June, the market continues to be weakish. Buyers are sufficiently contracted for nearby and it seems that enough suppliers continue to offer competitive prices. This week, prices have shown a slight decline in all regions. Q2 is contracted and a portion of Q3 as well.
Vitamin A 1000
The trend remains the same, which means a step-by-step decline in market price. Still no updated news on the exact return to the market of BASF, but they did lift their force majeure today on one of their aroma ingredients. Supply seems to be ample, and demand appears to be conservative. Q3 is still largely uncontracted.
Vitamin D3 500
Relatively stable market, although in China some price decline is seen. Other regions stay stable at a high price level as availability is still tight. A good portion of Q3 is contracted by now.
D-Calpan
Some suppliers in China have adjusted their price quotations downwards in an attempt to trigger sales. It is too early to see if and how the market will respond. In most regions there is very little trading activity seen right now and prices are already at a relatively low level. Only a small portion of Q3 has been contracted so far.
Vitamin B3
The market shows signs of stabilisation following a recent decline in prices, prices which have remained relatively low. Buyers find themselves on the sidelines regarding any potential additional volumes and have a wait-and-see attitude. Q2 and a small portion of Q3 have been contracted.
