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October 21, 2011
 
Vitamin C demand stagnates in China
 
An eFeedLink Exclusive
 

Price summary
 
Vitamin C market remained subdued in early October as demand was flat with aquaculture season coming to an end.
 
Offer prices for pharmaceutical-grade vitamin C nudged down to RMB35-36/kg while quotes by some small- and medium-scale producers were slightly lower. Prices of feed- and food-grade vitamin C dropped slightly to RMB33-34/kg.
 
Ex-factory quotes for coated ascorbic acid remained flat in the range of RMB40-42/kg.
 
Market transacted prices for L-ascorbate-2-phosphate products were little changed at around RMB21.00-22.50/kg. Some big volume deals were concluded at lower prices.
 

Transacted prices of vitamin C products in China

Region

Vitamin C contents (%)

Prices as of Sep 30 (RMB/kg)

Prices as of Oct 15  (RMB/kg)

Price Changes
(RMB/kg)

Vitamin C Raw Materials

Guangdong 

98%

33-37

33-36

-1 to 0

Jiangsu 

99%

33-36

33-36

0

Shanxi 

99%

33-37

33-37

0

Shandong 

99%

33-36

33-36

0

Anhui 

99%

33-36

33-36

0

Hebei 

99%

33-35

32-35

0

Liaoning

99%

33-36

32-36

0

Coated Ascorbic Acid

Guangdong

93%

38-42

38-42

0

Zhejiang 

93%

37-42

37-42

0

Anhui 

93%

38-42

38-42

0

Hebei 

97%

37-41

37-41

0

Jiangsu 

97%

38-42

38-42

0

Liaoning

97%

38-42

38-42

0

L-Ascorbate-2-Phosphate

Whole China market

Locally produced (35%)

20.0-22.0

20.0-22.0

0

All prices are representative and are for reference only.
RMB1=US$0.1568 (Oct 21)

 
 
Export
 
Quotes for the export market remained stable at US$5.30-5.50/kg. Bulk orders were priced as low as US$5.20/kg.
                        

Market forecast
 
Vitamin C market is unlikely to improve in the coming period.
 


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