In October, China's VA and VE exports increased significantly year-on-year

According to the latest customs data, China's total vitamin exports (excluding choline) was 20,800 tons in October 2018, a year-on-year increase of 4.6%. Among them, the export volume of calcium pantothenate continued to increase, the export volume of VA and VE increased year-on-year, and the export volume of VC declined. From January to October 2018, China's vitamin exports (excluding choline) totaled 206,300 tons, an increase of 3% year-on-year. Among them, from January to October, China's calcium pantothenate exports increased by 10.3% year-on-year, and China's vitamin E exports increased by 18.5 year-on-year %. As can be seen from Figure 3-2-7, the total vitamin export volume continued to increase in more months of 2018. Against the background of Sino-US trade frictions, the devaluation of the RMB and the increase in export tax rebates are beneficial to China's vitamin exports.

　　In October 2018, China's vitamin A export volume was 311.7 tons, up 92% year-on-year. From January to October 2018, China's cumulative export volume of vitamin A and derivatives reached 2285 tons, down 8% year-on-year. In 2018, China's vitamin A export volume totaled US $ 254 million, with an average unit price of US $ 111.08 / kg, a unit price increase of 278% year-on-year. Affected by the suspension of production at BASF ’s German plant, the price of vitamin A reached a record high in the first quarter of 2018, significantly increasing the unit price of vitamin exports. The export volume of vitamin A in the first half of the year was 1024.4 tons, a year-on-year decrease of 33.3%; due to the high price of vitamin A in the first quarter, the acceptance of downstream companies was low, and the number of signed orders by manufacturers decreased significantly. As can be seen from Figure 3-2-8, this year 3 The export volume of VA in June-June reached a record low. With the price correction, the export volume in the second half of the year rebounded significantly. Individual domestic manufacturers were affected by the delayed resumption of the A oil factory, or their export volume in the fourth quarter.

　In October 2018, China's export volume of vitamin E was 6943 tons, an increase of 18.5% year-on-year; from January to October 2018, the cumulative export volume of vitamin E and derivatives reached 60,400 tons, an increase of 15% year-on-year. From January to October 2018, the export value of China's VE products was US $ 569 million, with an average unit price of US $ 9.41 / kg, a year-on-year increase of 40%. The high VE market price in the first quarter increased the average unit price. In the first half of 2018, China's export volume of vitamin E was 34,700 tons, an increase of 17.8% year-on-year; as can be seen from Figure 3-2-10, the export volume increased significantly in the first quarter of 2018 and in August, September, and October.

　In October 2018, China's VC exports were 10,800 tons, a year-on-year decrease of about 4.3%. From January to October 2018, China's VC exports totaled 118,000 tons, a year-on-year decrease of about 1.8%. From January to October 2018, the unit price of vitamin C exports The average price was US $ 6.05 / kg, a year-on-year increase of 7.2 %%, mainly due to the high price of vitamin C in the first half of the year.