Vitamin China: Week 2 of FEB, 2025

Vitamin Trends

• The market remained stable overall, with active transactions in certain products.
• Niacin & Niacinamide: Continued price decline post-holiday, with prices falling below raw material costs; inquiries increased.
• Vitamin B1 & B6: Supply remained tight, with further restrictions from upstream suppliers, leading to a slow price increase.
• Vitamin E (VE): DSM halted production; domestic factories raised prices or suspended quotations, increasing transaction volumes.
• Vitamin D3 (VD3): Prices remained firm, with stable market activity.
• Vitamin B2, B12, Calcium Pantothenate & Vitamin C (VC): Prices showed a downward trend.

Amino Acids

• Lysine (98%) & Threonine: Factory quotations decreased, with low transaction volumes. Customers remained cautious, and the short-term outlook suggests a weak market.
• Methionine: Factory prices increased but remained high. End users had limited stock due to previous bearish sentiment, leading to price increases. Most purchases were based on immediate demand.
• Market Outlook: Methionine is expected to remain strong in the short term, while lysine and threonine may stay weak. Monitoring factory production and shipment progress will be crucial.

APIs

• The veterinary raw material market remained stable post-holiday, with minimal price fluctuations.
• Some products faced tighter upstream supply, leading to potential price increases.
• Tylosin & Tilmicosin Phosphate: Active inquiries and purchases.
• Enrofloxacin & Sulfonamides: Factory prices increased, with some manufacturers suspending quotations.
• Overall Outlook: The market remains stable, with potential price adjustments in selected products.

Food Additives

• Sweeteners:Sucralose: Domestic market transactions at CNY 185-190/kg.Acesulfame K & Aspartame: Prices remained stable, with normal delivery conditions.
• Nutritional Enhancers:Creatine Monohydrate: Prices declined to CNY 27-29/kg, with deliveries scheduled through late February.L-Carnitine: Prices showed an upward trend for future deliveries.
• Market Outlook: Close monitoring of market dynamics and manufacturer deliveries is essential for timely adjustments.

Feed-grade Minerals

• Dicalcium Phosphate: Domestic prices increased.
• Raw Materials:Sulfur: Prices rose by CNY 70-80/ton compared to pre-holiday levels.Sulfuric Acid: Prices remained stable.
• Market Sentiment: Many manufacturers halted new contracts, with a strong wait-and-see attitude.
• Short-term Outlook: Phosphate-based products are expected to remain stable to slightly stronger.