[comment] Earlier this month, the domestic feed grade vitamin A (content 500 thousand IU/g) the average price 96600 yuan / ton, after manufacturers and dealers have stopped the quotation, Victoria A market is whirling phenomenon, but by the market as a whole, A rate of price increase dramatically.

Market analysis

Product: this month domestic feed grade vitamin A market prices remained stable in January 19th after a sharp increase, Zhejiang and into the new Limited by Share Ltd factory price increased to 180 yuan / kg, the price rose more than 80%, Xiamen Jin Dawei, Zhejiang pharmaceutical still stop the offer, the latter will be based on market price. At present, domestic manufacturers of goods shortage, many dealers in the original dimension A to order, Guangzhou Guanghui Biological Technology Co., vitamin A bid for Zhejiang and into a new, Zhejiang medicine from January 20th to 115 yuan / kg rose to 185 yuan / kg, an increase of 52%, due to manufacturers of goods shortage, there is no a new single. But due to the high dimensional A years after the enterprise market, resulting in vitamin A increases greatly, the old dimension A market price is relatively low.

Vitamin A: industry chain upstream raw material market downturn, although the production of vitamin A can reduce the cost, but there is still the vitamin A trading season, before the sale of the stock is now. Because DSM manufacturers stop production, domestic to inventory also have a period of time, to provide support for the price of vitamin A. At the same time, the downstream demand to provide support for price rigidity. Although in recent years, vitamin market growth is slow, but this product is mainly used in medicine and feed products, not alternative, belonging to the rigid demand, less than 1% and accounted for the main product cost, limited impact on the middle reaches of manufacturers. In the rigid demand, the demand curve is relatively steep, with supply side contraction, the price rise in space and amplitude degree may be relatively large.

Industry: the current global vitamin A production enterprises are mainly DSM, BASF, Andy Su, and into a new, kingdomway pharmaceutical and Zhejiang, the market share is respectively 30%, 23%, 19%, 7%, 7%, 14 %. The DSM at the end of 2015 shutdowns, is expected in 2016 February the end of maintenance, the global supply of vitamin A impact.

Market forecast

The current focus on domestic market dimension A multiplier, the leading domestic enterprise dimensional A Zhejiang and into a new Limited by Share Ltd production of vitamin A factory price increased to 180 yuan / kg, the price of price rose more than 80%, the dealers have also increased the market price, Zhejiang medicine, Xiamen kingdomway still stop at price in a rising market demand under the condition of vitamin A become the focus of concern to the industry. At present, after vitamin A prices have stabilized, is expected in February the market of vitamin A will greatly improve the maintenance of other manufacturers A price, manufacturers average price will rise to 150-180 yuan / kg.