[comment] October 1, 2015 Gaede chemical Chemical net domestic feed grade vitamin C powder (content 99%) average price 24700 yuan / ton, the weekend average price 24504 yuan / ton, the price fell 0.79%.

Market analysis

Products: manufacturer of food grade vitamin C raw powder shipments usually offer 25 yuan / kg, feed grade vitamin C price 24.5 yuan / kg nearby, Shandong Tianli offer 23.5 yuan / kg.

The industrial chain: the upstream raw material prices stable vitamin C vitamin, sorbitol, Jiangshan, Tianli enterprises to resume production, with the major companies had a large amount of inventory, serious excess capacity, the price is difficult to improve, has been hovering in the low, customer purchasing enthusiasm is not high, the downstream water production of the end of the season, leading to weak demand.

Industry: domestic production of vitamin C manufacturers are mainly northeast pharmaceutical, North China pharmaceutical, Shandong Pharmaceutical Group and lurvy, Jiangshan pharmaceutical, the big five capacity beyond the global demand for VC. Vitamin C mainly in foreign DSM India and Russia respectively, in addition there are 1 factories in India and Russia, but the capacity of the factory is small, and Chinese imported mainly from 2-keto-L-gulonic acid, limited impact on the market.

Market forecast

To sum up, the downstream aquatic market breeding season is over, the sharp reduction in the amount of feed grade vitamin C, leading to weak demand. C currently on the market oversupply situation in the short term can not be changed, the expected future vitamin C within a period of time, prices will remain low hovering.