[comment] Earlier this month, feed grade vitamin E (content 50%) average price 41000 yuan / ton, the manufacturers average price of 40608 yuan / ton, the price fell 0.96%.

Market analysis

Products: domestic manufacturers market price is around 40.5 yuan / kg, the price remained stable, but some dealers offer slightly increased at the end of the month. The European market calm, recent Chinese supply price in 4.55-4.70 dimensional E euro / kg, remained stable. The vitamin E market is still in the doldrums, manufacturers of the actual transaction price is lower than 40 yuan / kg, the manufacturers price remained at 39 yuan / kg.

The industrial chain, the upstream raw material prices stable, the domestic manufacturers gradually reduce plant production, downstream market turnover increased vitamin E, vitamin E dealers began to increase the volume of procurement, downstream users slow response.

Industry: the current global dimension of E production enterprises are mainly DSM, BASF, and a new and Zhejiang medicine. Where DSM and BASF accounted for about 60% of the production capacity, and into the new medicine and Zhejiang accounted for 40% of the production capacity. Four companies are in m-cresol as raw material, after more than 20 chemical reaction to prepare vitamin E, with strong technical barriers.

Market forecast

To sum up, the domestic and foreign market stable this month, manufacturers now supply shortage, a few traders offer edged up. The European stock market traders on the China supply offer in 38.13-38.96 yuan / kg. The supply of product for large customers quotation in 38.96-41.48/ kg, the small customer price in the 41.90-45.25 yuan / kg. is expected in February will be stable in vitamin E market shocks.