Annual Information Service
Vitamin China E-News 1810
|Published by||CCM Data & Business Intelligence||Product code||607204|
|Published||12 issues / year||Content info||21 Pages|
|Vitamin China E-News 1810|
|Published: 12 issues / year||Content info: 21 Pages||
This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire vitamin industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, and expert commentary from industry insiders.
In Oct., prices varied from vitamin to vitamin. VA prices continued decreasing. Lonza Group announced that its VB3 factory in China's Guangdong Province will suspend production in Dec. and Zhejiang NHU has suspended providing quotations for VD3; however, both the aforementioned two products failed to have great increases in prices. VB4 prices were high because of high prices of raw materials, including liquid chlorine, hydrochloric acid, and trimethylamine.
New production lines will be seen in multiple vitamins, namely VC, VD3, D-calcium pantothenate, VB6, and folic acid. Anhui Tianyin is planning to build production lines for stable VC; Hubei Chuwei, as a new market player, will build a D-calcium pantothenate, VB6, and folic acid project; Pingdingshan Huixinyuan will soon start the construction of its 190 t/a VD3 project.
Multiple vitamin producers released their Q3 financial reports, and they are North China Pharmaceutical, Garden Biochemical, Guanfu, Zhejiang Medicine, and Kingdomway. All of these companies had YoY increases in both revenue and net profit. Notably, Garden Biochemical's shares fell until the suspension of trading. Guangji Pharmaceutical predicts a smaller net profit in Q3.
Some changes were also witnessed in the vitamin energy drink and the healthcare markets. Red Bull China's business license has expired in China, whether it will withdraw from the Chinese market has aroused much attention. Longevity Valley has extended its business to vitamin healthcare products; Australian healthcare producer Star Combo has had its offline distributor in China.
Vitamins China E-News is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.