The global market of Nicotinamide was stable in October 2025 with only a marginal uptick in price. The buyers of Nicotinamide had front-loaded their purchases in September to support holiday production run in food & beverage and skin & personal care segments which was tied to Golden Week in China and Oktoberfest in Germany. The end-user demand has eased after the events have concluded in early October. The normalization has removed the urgency from the market which left the suppliers to manage their offers strategically to protect margins without provoking a sharp market reaction. The pickup in Nicotinamide prices was limited because September inventories have covered near-term needs and the absence of logistics issues prevented any cost pass-through that might have amplified moves. ChemAnalyst expects that the prices will likely trend mildly higher in the coming months but any increase will be gradual and measured. ChemAnalyst suggest the suppliers to balance throughput with margin preservation and prioritize contract fulfilment. The Nicotinamide buyers and procurers should avoid abrupt replenishment once seasonal demand subsides.
