Title: Vitamin B4 Price Trend and Forecast
1Vitamin B4 Price Trend and Forecast
- In the first half of Q4 of 2022, prices for
vitamin B4 in the North American region increased
to USD 1400/MT, while market sentiment remained
generally optimistic. As October drew near,
vitamin B4 stocks were getting extremely low in
the local market due to a restricted import from
the Asian market. Market sources claim that
strong market dynamics enhanced demand for the
product from the downstream food and
pharmaceutical industries. However, at the end of
the quarter, vitamin B4 price had fallen to USD
1385/MT, down 1.1 from December as a result of a
drop in consumer orders well before the end of
the year. - https//www.chemanalyst.com/Pricing-data/vitamin-b
4-1118
2New Updated Vitamin B4 Prices Online
3The Vitamin B4 Market in The Asia-Pacific Region
- The Vitamin B4 market in the Asia-Pacific region
had a strong start to the fourth quarter of 2022.
A price increase of up to 3.4 was seen in
October, supported by a lack of supplies over the
Golden Week vacation. However, prices started to
decline consistently as the quarter proceeded.
The fluctuating trend of Vitamin B4 was observed
due to variations in its production cost and raw
material prices. However, because there was a
wait-and-see attitude among market participants,
producers reduced their price quotations to about
3.3 in the second half of Q4 in an effort to
increase orders. The sharp fall in demand from
the end-user pharmaceutical and food sectors as a
result of the surge in Covid-19 instances and the
implementation of limitations in the country also
hindered the product's growth. Hence, Vitamin B4
prices in China were evaluated at USD 1025/MT in
December. - https//www.chemanalyst.com/Pricing-data/vitamin-b
4-1118
4Vitamin B4 Supply in Global Market Online
5In contrast to North America and Asia-Pacific,
Vitamin B4 pricing
- In contrast to North America and Asia-Pacific,
Vitamin B4 prices stayed consistent towards the
lower end at the start of Q4 before beginning to
rise in November. Inventory levels of vitamin B4
were rapidly running out as November drew near
because of a breakdown in the supply chain. As a
result, the demand for Vitamin B4 from the
downstream pharmaceutical and food sector
increased in the European region, keeping the
prices high. With waning consumer demand by the
end of the quarter, domestic retailers began
destocking their existing stocks at reduced
prices. In Germany, Vitamin B4 prices, therefore,
decreased from USD 1890/MT in November to USD
1800/MT in December. - https//www.chemanalyst.com/Pricing-data/vitamin-b
4-1118
6Vitamin B4 Price Trend and Forecast
7Demand of Vitamin B4 in North America Online
8Free Search Vitamin B4 Market Price Online
9In the first half of Q4 of 2022, prices for
vitamin B4 in the North American region
- In the first half of Q4 of 2022, prices for
vitamin B4 in the North American region increased
to USD 1400/MT, while market sentiment remained
generally optimistic. As October drew near,
vitamin B4 stocks were getting extremely low in
the local market due to a restricted import from
the Asian market
- The Vitamin B4 market in the Asia-Pacific region
had a strong start to the fourth quarter of 2022.
A price increase of up to 3.4 was seen in
October, supported by a lack of supplies over the
Golden Week vacation. However, prices started to
decline consistently as the quarter proceeded.
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