Vitamin China E-News 1510 (12 issues per year)

Date: 2015-11

“Chinese health-care product enterprises are actively setting foot in cross-border ecommerce. This will be favorable for meeting the urgent needs from domestic consumers, but also help enterprises realize the transformation and upgrading.

With the increasing number of live pigs in farm, the demand for feed and feed additives will be on the rise, further boosting demand for vitamins.

Along with oversupply of VC and weak demand from downstream industries, VC price is expected to remain low in Q4 and VC market will get involved in the doldrums.

In Q1-Q3 2015, North China Pharmaceutical recorded an obvious fall in revenue but a sharp growth in net profit, under the influence of product structure adjustment, factory relocation and environmental rectification and upgrading. North China Pharmaceutical has initiated the relocation and upgrading of seven projects in line with the governmental environmental requirements, whose presence will be dampened in vitamin industry to some extent.

Garden Bio-chemical planned to resume cholesterol production at end of Oct., 2015. Thanks to raw material supply, it’s estimated that the market price of VD3 will go down in Q4.

Chinese Vitamins Imp. & Exp., Aug. 2015

In the first eight months of 2015, China’s VE exports recorded a YoY growth in volume but a YoY fall in price. This was probably sparked by supply glut and sluggish demand in domestic market, and enterprises willing to enlarge exports at low price.

Under the influence of bird flu occurring in the US, since June 2015, China’s VC export volume has decreased, compared with the same period of last year. It is predicted that China’s VC export volume will continue to be on the decline in Q4 due to such factors as, persistent bird flu in the US, bad climate and anti-dumping acts.

Market prices of vitamins in China, Oct. 2015

Since Jan. 2015, VB7 price maintained high level, which was fueled by preferential export policy, insufficient raw material, increasing environmental cost.

In Q1-Q3 2015, the domestic market price of VB2 maintained a downtrend, which was probably related to slack demand from downstream feed industry. It’s estimated that its price will be increased slightly in Q4.

Without the support from the upstream and downstream, VB5 market was in recession, along with the price falling. It is estimated that VB5 price will be likely to see a slight rise or maintain stable.”

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