According to the latest developments, due to the renovation of the overall facilities of the upstream industrial park, the severe environmental situation and the G20 summit, Zhejiang Xinhecheng is expected to stop production of vitamin A for 13 to 15 weeks from July, meaning that it will return from now until the 11th holiday Only Xinhecheng could resume production. Recently, the VA market has been trading weakly, but the VA market has increased again due to the 13-15 week suspension of production. It is expected that the VA price will reach a new high during the production shutdown and continue the high price trend.
Other vitamin market trends:
1. Folic acid manufacturers are seriously affected by environmental issues. Among them, Sunstar announced that folic acid will stop signing orders by the end of September, which will help increase the volume of folic acid before September. And due to short supply after September, folic acid prices are expected to rise. The price of biotin followed by 120 yuan / kg. It is conceivable that manufacturers are willing to raise prices.
2. The G20 summit will be held from September 4th to 5th. In order to promote the meeting, many manufacturers in Zhejiang area will have a shutdown maintenance plan, and there are many vitamin companies in Zhejiang area. Some vitamin manufacturers have announced the summer maintenance plan :
(1) Anhui Tiger stopped quoting biotin products at the end of May, and plans to stop production and overhaul of the biotin workshop in June. The overhaul time is expected to be two months.
(2) BASF's Shenyang plant plans to shut down the VA and VE product production lines during the summer at the end of July or early August, and the estimated shutdown time is about 3 weeks.
(3) Zhejiang Shengda plans to shut down the biotin workshop and folic acid workshop in summer, and the maintenance time will be about two months from mid-July.
It is expected that there will be an increase in the number of companies with production suspension maintenance plans.
As mentioned above, the supply of vitamins in the third quarter has been tightened and may reach a state of supply shortage. However, the foreign vitamin sales volume is good, and the price is intentional to support the domestic vitamin market. Therefore, it is expected that the vitamin market will continue Maintain high prices.
