Key Highlights
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U.S. Vitamin Bx prices fell in July due to cautious procurement and tariff-related uncertainty.
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Importers are expected to step up Vitamin Bx purchases in September ahead of China’s Golden Week.
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Shanghai port delays and tighter shipping capacity are adding upward cost pressure.
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President Trump extended the temporary U.S.–China trade agreement until November xx, xxxx.
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Market fundamentals suggest prices could firm by late Qx, supported by restocking and stable supply chains.
On the demand side, July weakness was due in large part to restraint on the part of U.S. consumers who eschewed bulk purchases due to uncertainty surrounding tariffs. Importers were hesitant to leave ahead commitments in limbo, awaiting cost increases. Inflation pressure also served to dampen caution, further augmenting restraint.
However, the market is bound to shift as September comes by. With China’s Golden Week holiday approaching, U.S. importers are anticipated to step up procurement to secure shipments before...
