October 26, 2004
China's Exports of Vitamin C Raw Materials Remain Positive Recently
An eFeedLink Exclusive Report
I Price Overview
Prices of vitamin C products in China remained mostly stable with prices in some regions registering marginal increases in recent days.
As at October 26, prices of vitamin C products in China are as follows:
|
Region |
Vitamin Ccontents |
Prices as at October 19 (RMB/kg) |
Prices as at October 26(RMB/kg) |
Price Changes (RMB/kg) |
|
Vitamin C Raw Materials | ||||
|
Shanghai |
Above 98% |
45 |
43 |
2 |
|
Jiangsu |
98% |
48 |
48 |
0 |
|
Shandong |
98% |
50 |
50 |
0 |
|
Guangdong |
98% |
46 |
- |
- |
|
Shaanxi |
99% |
50 |
50 |
0 |
|
Hebei |
98% |
40 |
40 |
0 |
|
Coated Ascorbic Acid | ||||
|
Zhejiang |
93% |
70 |
70 |
0 |
|
Anhui |
93% |
58-60 |
- |
- |
|
Hebei |
97% |
60 |
50 |
10 |
|
L-Ascorbate-2-Phosphate | ||||
|
Whole China market |
Imported (35%) |
70 |
70 |
0 |
|
Whole China market |
Locally Produced (35%) |
45 |
- |
- |
II Exports of China's Vitamin C Raw Materials
China is the world's largest vitamin C raw materials producer and exporter. The vitamin C raw materials (approx. 98% contents) produced by various major pharmaceutical producers in China are mainly exported to the US, Europe, Southeast Asia and Africa.
Current offer prices of China's locally produced vitamin C raw materials export to European markets hover at US$5.50/kg, while offer prices for exports to Southeast Asia and Africa regions are US$6.00/kg.
Some major local producers said that China's exports of vitamin C raw materials remained positive recently. Most producers have yet to fulfill the orders signed in earlier period; some of them have stopped issuing price quotes. With one major producer currently carrying out plant maintenance, the supply of vitamin C raw materials in the domestic Chinese market is showing signs of tightening.
