Vitamin B9 Price Trend and Forecast - PowerPoint PPT Presentation

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Vitamin B9 Price Trend and Forecast

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The domestic Vitamin B9 Price started the third quarter of 2022 on an upward note, with FOB New Jersey values assembling at $53100 per MT. However, this trend quickly reversed in the second half, and in September, it was settled at $51500 per MT. The companies that produce them were obliged to decrease prices as a result of the intermittent lockdowns in China, where the majority of nutraceutical products, including vitamin B9, are imported. This, in turn, led to a slight decline in demand in the US during the second half. – PowerPoint PPT presentation

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Title: Vitamin B9 Price Trend and Forecast


1
Vitamin B9 Price Trend and Forecast
  • The domestic market for Vitamin B9 started the
    third quarter of 2022 on an upward note, with FOB
    New Jersey values assembling at 53100 per MT.
    However, this trend quickly reversed in the
    second half, and in September, it was settled at
    51500 per MT. The companies that produce them
    were obliged to decrease prices as a result of
    the intermittent lockdowns in China, where the
    majority of nutraceutical products, including
    vitamin B9, are imported. This, in turn, led to a
    slight decline in demand in the US during the
    second half. The Biden administration aimed to
    lower inflation by removing some tariffs on
    imports from China as the two largest economies
    in the world battled congested supply chains and
    rising oil prices. The US imports were
    significantly reduced because of production
    facilities in China, many of which were shut down
    for maintenance during H2 of Q3, closing. This
    had a significant impact on the downward pricing
    trend in the domestic pharmaceutical and
    nutraceutical industries during the final weeks
    of Quarter 3.
  • https//www.chemanalyst.com/Pricing-data/vitamin-b
    9-1253 

2
New Updated Vitamin B9 Prices Online
3
The Third Quarter of 2022 Saw a Dip in Sentiments
on the German Vitamin B9 Market Price Online
  • The third quarter of 2022 saw a dip in sentiments
    on the German Vitamin B9 market, with values for
    CFR Hamburg, assessed at 38560/MT in July before
    falling even more in September at 33570/MT.
    During this quarter, Germany's logistics issues
    made a slowdown in the economy worse because
    transportation bottlenecks persisted. The
    situation in Europe was exacerbated by ongoing
    lockdowns in Chinese ports and the conflict in
    Russia and Ukraine. The second half of the third
    quarter saw domestic merchants lowering their
    pricing due to the low end-user pharmaceutical
    and nutraceutical company demand. 
  • https//www.chemanalyst.com/Pricing-data/vitamin-b
    9-1253

4
The Vitamin B9 Pricing in the Asia Pacific Market
5
Vitamin B9 Supply in Global Market Online
  • The price trend for Vitamin B9 in the Asia
    Pacific market showcased a downward trajectory
    during the third quarter of 2022. Numerous
    factors, such as declining raw material costs,
    subdued consumer spending, and weak end-user
    sector demand, have contributed to this price
    trend. Key suppliers were only seen purchasing
    the items for immediate use during the first
    half, with FOB Shanghai prices settling at
    37950/mt in July. This was due to the sluggish
    downstream demand and the lower-than-average
    offtakes. Following the extinguishing of COVID-19
    flare-ups in a number of industrial hubs during
    the first half's finale, industry chains
    unexpectedly reopened, bringing back profits to
    industrial enterprises. However, certain vitamin
    production facilities performed maintenance in
    the final week of July following the reopening of
    the markets, which reduced the amount of Vitamin
    B9 that was widely available. Later, downstream
    demand in the domestic market became incredibly
    low, which caused prices to decline and settle at
    33550 per MT in September
  • https//www.chemanalyst.com/Pricing-data/vitamin-b
    9-1253

6
Demand of Vitamin B9 online Market
7
Vitamin B9 Price Trend and Forecast
8
The Price Trend for Vitamin B9 in The Asia
Pacific Market Showcased a Downward Trajectory
During The Third Quarter of 2022
  • The domestic market for Vitamin B9 started the
    third quarter of 2022 on an upward note, with FOB
    New Jersey values assembling at 53100 per MT.
    However, this trend quickly reversed in the
    second half, and in September, it was settled at
    51500 per MT,  The companies that produce
  • The third quarter of 2022 saw a dip in sentiments
    on the German Vitamin B9 market, with values for
    CFR Hamburg, assessed at 38560/MT in July before
    falling even more in September at 33570/MT.
    During this quarter, Germany's logistics issues
    made a slowdown in the economy

9
The price trend for Vitamin B9 in the Asia
Pacific market 
10
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