Vitamin Market Dynamics: Key Updates as of April 12, 2025

Market Highlights

• Nicotinamide (Vitamin B3): Major producers halted quotations, driving prices upward due to tightened supply chains:cite[5].
• Vitamin A: Prices stabilized after prolonged declines, supported by production adjustments from leading manufacturers:cite[1]:cite[5].
• Vitamin E: Domestic quotes rose to ¥116/kg, influenced by global supply constraints and increased feed industry demand:cite[1]:cite[3].
• Vitamin B1: Extremely low inventories intensified price volatility, with limited restocking activity:cite[5].
• Vitamin B6: Prices remained stable amid balanced supply-demand dynamics.
• Folic Acid: Surged to ¥450/kg due to raw material shortages and pharmaceutical sector demand:cite[3].
• Vitamin B2, B12, Biotin & Calcium Pantothenate: Persisted at historic lows; B12 production consolidation observed with a plant shutdown in Ningxia:cite[5]:cite[7].
• Inositol: Stable pricing driven by consistent demand in nutraceutical applications.

Market Drivers & Analysis

The vitamin market remains fragmented, with divergent trends across segments:

• Supply Chain Pressures: The 2024 BASF plant explosion continues to ripple through Vitamin A and E markets, though recovery efforts have stabilized prices:cite[1].
• Regulatory Impact: Recent penalties for non-compliant products (e.g., insufficient calcium or vitamins) tightened quality controls, reducing speculative inventory:cite[7].
• Global Demand Shifts: Feed industry recovery and rising health supplement consumption sustain demand for B-complex vitamins:cite[3]:cite[5].
• Cost Advantages: Chinese manufacturers leverage lower production costs to compete globally, despite price erosion in oversupplied segments:cite[3].