Vitamin China: Week 3 of DEC, 2024

Dated 2024-12-16

Vitamin Trends

• Vitamin D3: Transaction volume continues to rise as the year-end approaches, with prices on the upward trend.
• Vitamin E: Prices remain firm at high levels, driven by strong market demand.
• Vitamin B1: Small price increases as low-priced inventory is consumed, leading to stronger market activity.
• Folic Acid: Export prices are accepting higher levels, with the market fluctuating at elevated price points.
• Niacinamide: Market pricing remains broad with weaker activity overall.
• Vitamin K3: Stabilizing, with positive demand from customers, indicating more active purchasing.

Amino Acids

• Methionine: Prices remain stable, but the market is weak overall, with fewer transactions. Customers are cautious, and trading volume is low, with the market remaining soft in the short term.
• Other Amino Acids: General demand is subdued, with only occasional replenishment from end users.

APIs

• Northeast Pharmaceutical's vitamin C and other key raw materials recently passed a significant GMP audit, marking another milestone for the company's production standards.

Food Additives

• M&A in the Snack Industry: Bloomberg reports that Mondelez International is considering acquiring chocolate giant Hershey. If successful, this deal could create one of the largest food companies in the world, marking a historic acquisition in the packaged foods industry.

Feed-Grade Minerals

• Dicalcium Phosphate: Domestic prices remain stable but with ongoing supply tightness. Production levels are decreasing as the year-end approaches, and prices are expected to slightly rise by the end of the month.