October 3, 2011
 
China vitamin C market stays depressed
 
An eFeedLink Exclusive
 

Price summary
 
Producers' eagerness to clear inventories amid waning demand kept vitamin C market depressed in the second half of September.
 
Offer prices for pharmaceutical-grade vitamin C remained flat at RMB36-37/kg while quotes by some small- and medium-scale producers were slightly lower. Prices of feed- and food-grade vitamin C were unchanged around RMB34-35/kg.
 
Ex-factory quotes for coated ascorbic acid were stable in the range of RMB40-42/kg.
 
Market transacted prices for L-ascorbate-2-phosphate products were unchanged at RMB21.50-22.50/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 15  (RMB/kg)

Prices as of Sep 30 (RMB/kg)

Price Changes
(RMB/kg)

Vitamin C Raw Materials

Guangdong 

99%

35-37

33-37

-2 to 0

Jiangsu 

99%

34-37

33-36

-1 

Shanxi 

99%

35-37

33-37

-2 to 0

Shandong 

99%

34-37

33-36

-1 

Anhui 

99%

34-37

33-36

-1 

Hebei 

99%

33-37

33-35

-2 to 0

Liaoning

99%

34-37

33-36

-1 

Coated Ascorbic Acid

Guangdong

93%

39-42

38-42

-1 to 0

Zhejiang 

93%

38-42

37-42

-1 to 0

Anhui 

93%

39-42

38-42

-1 to 0

Hebei 

97%

38-42

37-41

-1 

Jiangsu 

97%

38-42

38-42

0

Liaoning

97%

39-42

38-42

-1 to 0

L-Ascorbate-2-Phosphate

Whole China market

Locally produced (35%)

20.50-22.50

20.00-22.00

-0.50

All prices are representative and are for reference only.
RMB1=US$0.1563 (Oct 3)

 
 
Export
 
Quotes for the export market stayed stable at US$5.30-5.50/kg. Bulk orders were priced as low as US$5.20/kg.
                   
     
Market forecast
 
In the near term, vitamin C trade is expected to remain sluggish.
 


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