In June 2025, Vitamin E prices in the Chinese market declined steadily, with a cumulative drop driven by oversupply, sluggish demand, and elevated inventories. Downstream consumption from pharmaceuticals, cosmetics, and food sectors remained weak, while competitive export conditions and rising freight costs limited international interest. Despite efforts to secure tariff relief, market sentiment remained bearish. However, prices are expected to rebound in July amid renewed export inquiries and stronger end-user demand.
According to ChemAnalyst, Chinese Vitamin E 50% CWS prices declined continuously in June 2025, a bearish trend that reflected weak fundamentals in both supply and demand sides. After a brief upsurge in early June, each week saw significant price drop due to excess inventory, lackluster trading and reduced downstream consumption.
The month started with 0.40% price increase in the first week of June, due to temporary inventory tightening and slight improvement in domestic demand. But the upsurge was short lived as market dynamics changed sharply. By the second week, prices dropped 1.8%, erasing earlier gains. This decline was mainly due to domestic production outpacing demand and rapid inventory buildup. Weakening overseas demand and higher freight from Asia to Europe also reduced export competitiveness, making Chinese Vitamin E less attractive to global market.
In the 3rd and 4th week of June, the downtrend continued for Vitamin E. Prices fell 1.4% and 2.2% respectively as the supply-demand gap widened. Domestic manufacturers continued to run at high capacity despite weak procurement from key downstream industries like pharmaceuticals, cosmetics and food and beverages. This led to inventory piling up across the distribution chain. To liquidate inventory and maintain cash flow, suppliers started to offer aggressive prices, which further pressured the market.
Efforts to stimulate Vitamin E demand through pricing adjustment didn’t work well as end-users were cautious due to macroeconomic uncertainty and wait-and-see approach to market movement. Even the temporary tariff relief from US-China trade negotiations didn’t shift the Vitamin E demand pattern. Traders and manufacturers were more focused on managing inventory rather than committing to forward buying.
Currency dynamics also played a role in shaping the Vitamin E market during the month. The depreciation of the U.S. dollar against the Chinese yuan reduced the competitiveness of Chinese exports, further limiting the country’s reach into Western markets. This development added another layer of complexity to the Vitamin E pricing structure, as exporters were forced to adjust their pricing strategies to align with diminishing margins.
According to ChemAnalyst analysis, Vitamin E prices likely to start recovering in July and the Chinese Vitamin E market will enter Q3 2025 on a more positive note. Renewed demand from export market especially in Europe will support the price recovery. End-user inquiry and strategic restocking from downstream sectors will also boost the Vitamin E procurement momentum. As suppliers restore inventory and adjust production, the market will move towards stability and prices of Vitamin E will go up gradually in the coming weeks.
