Vitamin China: Week 2 of NOV, 2024 Dated 2024-11-11
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Vitamin Trends
The vitamin market saw slight fluctuations last week, with increased activity in some varieties. AE prices rose following a new distribution plan by an industry-known company, while AD3 manufacturers raised prices, attracting more market attention. Vitamin C experienced slight price increases, and Vitamin B6 saw a return of higher quotations, leading to more inquiries.
Amino Acids
The small amino acid market remained stable overall. Isoleucine saw increased factory orders, driven by rising domestic demand, with prices at historically low levels. However, delivery became tighter, and some users began purchasing at the lower price points. Arginine prices remained steady, with moderate demand from end users. Tryptophan showed weak market performance, although recent slight increases in soybean meal prices led to more inquiries.
APIs
The veterinary medicine API market remained strong, with delivery tightness and price increases for some products. Products like oxytetracycline, florfenicol, and others saw growing attention, with trade channels actively stocking. Amoxicillin and sulfamethazine prices remained stable. The veterinary API market is expected to stay highly active, with ongoing monitoring of price trends.
Food Additives
Sweeteners like sucralose saw an increase in prices, with stability expected in the short term. Acesulfame prices remained steady, and creatine monohydrate stayed stable with deliveries scheduled for mid-November. Preservatives like sodium benzoate and sorbic acid showed stability, with normal delivery conditions.
Feed-grade Minerals
Phosphate prices remained stable, though domestic delivery times are tight. While raw material shortages are present, overall market demand for phosphate-based products is not intense, with stability expected in the short term.
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