For the Quarter Ending March 2026
Vitamin B4 Prices in North America
- In USA, the Vitamin B4 Price Index rose by 12.44% quarter-over-quarter, reflecting higher freight surcharges.
- The average Vitamin B4 price for the quarter was approximately USD 723.33/MT, reflecting landed pressure.
- Tight cargoes and prioritized term commitments elevated the Vitamin B4 Spot Price, reducing available merchant lots.
- Short domestic pipelines and steady offtake supported the Price Index, limiting downward negotiation by buyers.
- Higher container rates raised Vitamin B4 Production Cost Trend, lifting overall CFR-landed costs notably higher.
- Near-term Vitamin B4 Price Forecast shows April gains, then moderate corrections as inventories gradually rebuild.
- Firm nutraceutical-biopharma purchasing underpins the Vitamin B4 Demand Outlook, sustaining short-term transactional activity and tightness.
- Exporter-discipline and steady shipments kept offers firm, restricting downside and preserving competitive CFR-positioning levels.
Why did the price of Vitamin B4 change in March 2026 in North America?
- Shanghai-Los-Angeles container rates climbed sharply, directly increasing landed-costs-and-insurance for inbound commodity cargoes.
- Exporters allocated March volumes to term contracts, narrowing spot availability and pressuring buyers to pay premiums.
- Robust nutraceutical-biopharma buying with lean import pipelines prevented inventory rebuilds, supporting higher offers and demand.
Vitamin B4 Prices in APAC
- In China, the Vitamin B4 Price Index rose by 12.24% quarter-over-quarter, reflecting tighter export availability.
- The average Vitamin B4 price for the quarter was approximately USD 626.67/MT, FOB Shanghai basis.
- Vitamin B4 Spot Price strengthened in March with port inventories tightened, term bookings prioritised cargoes.
- Vitamin B4 Production Cost Trend rose due to higher coal-derived ammonia and formamide input costs.
- Vitamin B4 Demand Outlook is supportive as India, Indonesia, and Brazil booked volumes for feed production.
- Vitamin B4 Price Forecast suggests short-term upside in April before moderate correction as restocking eases.
- Port inventories drew down in March, supporting the Vitamin B4 Price Index and firming seller FOB offers.
- Large coastal facilities ran at capacity, whereas inland workshops faced inspections, reducing exportable Vitamin B4 supply.
Why did the price of Vitamin B4 change in March 2026 in APAC?
- Export-led forward bookings concentrated cargoes at Shanghai, tightening immediate availability and enabling higher seller offers.
- Unplanned inland plant shutdowns during intensified environmental inspections trimmed monthly merchant supply and port inventories.
- Rising coal-derived ammonia and formamide input costs increased cash costs, supporting sellers' elevated FOB offers.
Vitamin B4 Prices in Europe
- In Germany, the Vitamin B4 Price Index rose by 14.74% quarter-over-quarter, driven by tighter exports.
- The average Vitamin B4 price for the quarter was USD 726.67/MT reported by CFR Hamburg.
- Vitamin B4 Spot Price firmed as Chinese export offers tightened and Hamburg port inventory tightened.
- Vitamin B4 Price Forecast expects April uptick then midyear correction as imports and inventories rebalance.
- Vitamin B4 Production Cost Trend rose due to winter energy surcharges and purification utility increases.
- Vitamin B4 Demand Outlook remains supportive from feed premix and nutraceutical segments, maintaining steady offtake.
- Vitamin B4 Price Index showed volatility as environmental inspections constrained Asian export volumes into Europe.
- German coastal warehouse cover tightened below two weeks, reducing leverage and supporting CFR Hamburg premiums.
Why did the price of Vitamin B4 change in March 2026 in Europe?
- Chinese provincial environmental audits curtailed output, reducing export availability and tightening landed CFR Hamburg supply.
- German feed premix front-loading and merchant restocking ahead of Easter increased buying pressure at ports.
- Higher Asian ex-works and purification costs translated directly into overall elevated CFR Hamburg landed costs.
For the Quarter Ending December 2025
North America
• In USA, the Vitamin B4 Price Index fell by 1.58% quarter-over-quarter, reflecting measured inventory-led weakness.
• The average Vitamin B4 price for the quarter was approximately USD 643.33/MT, according to import market reports.
• Balanced import flows and steady offtake kept the Vitamin B4 Spot Price range-bound through December.
• Supply discipline at exporters and regular sailings underpinned the Vitamin B4 Price Forecast for modest upside.
• Stable fermentation feedstock costs limited the Vitamin B4 Production Cost Trend, constraining abrupt supplier margin pressure.
• Winter feed and nutraceutical demand supported the Vitamin B4 Demand Outlook, sustaining procurement without spikes.
• Distribution hubs holding six weeks cushioned volatility while the Vitamin B4 Price Index remained narrow.
• Port operations stability and easing container rates reduced landed-cost pressure, tempering immediate spot market rallies.
Why did the price of Vitamin B4 change in December 2025 in North America?
• Import arrivals were adequate while inventories near six weeks lowered urgency, moderating headline price movements.
• Spot trans-Pacific freight softened but seasonal warehouse premiums offset savings, keeping landed costs broadly steady.
• Steady downstream nutraceutical and feed demand supported consumption without triggering price spikes.
APAC
• In China, the Vitamin B4 Price Index fell by 0.1% quarter-over-quarter, reflecting marginal quarterly softness.
• The average Vitamin B4 price for the quarter was approximately USD 558.33/MT according to assessments.
• Vitamin B4 Spot Price firmed in December due to steady export replenishment and constrained inventories.
• The Vitamin B4 Price Forecast anticipates upward bias as buyers rebuild stocks ahead of Q1 production cycles.
• Vitamin B4 Production Cost Trend showed pressure from coal, ammonia, and formamide, tightening producer margins.
• Vitamin B4 Demand Outlook remains constructive with sustained feed additive procurement and steady pharmaceutical requirements.
• Vitamin B4 Price Index reflected balanced supply and export incentives, VAT rebate supporting FOB offers.
• Inventory levels remained normal, ports were uncongested, and major plants operated near nameplate, ensuring shipment cadence.
Why did the price of Vitamin B4 change in December 2025 in APAC?
• Tight exporter-held inventories and steady export bookings supported a modest price increase despite balanced domestic availability.
• Stable coal and feedstock markets limited cost shocks, but prior inspections slightly elevated operating caution.
• Export VAT rebate and renewed India-Brazil enquiries sustained FOB competitiveness and steady external demand.
Europe
• In Germany, the Vitamin B4 Price Index fell by 4.33% quarter-over-quarter, reflecting inventory-driven subdued demand.
• The average Vitamin B4 price for the quarter was approximately USD 633.33/MT, reflecting Hamburg trades.
• Tight Asian allocations and freight scarcity lifted the Vitamin B4 Spot Price, reducing export volumes.
• The Vitamin B4 Price Forecast anticipates upside as importers rebuild inventories and feed demand strengthens.
• Stable energy costs kept the Vitamin B4 Production Cost Trend muted versus import-driven landed pressures.
• Seasonal feed premix restocking supported purchases; the Vitamin B4 Demand Outlook improved for early Q1.
• Port slot premiums and scarce containers raised landed costs, elevating the Vitamin B4 Price Index.
• Exporters maintained disciplined offers, lean port inventories sustained seller leverage, and pressured near-term Price Index.
Why did the price of Vitamin B4 change in December 2025 in Europe?
• Front-loaded feed premix buying increased import demand, reducing spot availability and tightening supply for Germany.
• Chinese allocation cuts and pre-Lunar shipping prioritisation trimmed shipments, raising landed costs and tightening imports.
• Lean port inventories and exporter pricing amplified availability constraints, supporting December CFR quotations for Germany.
For the Quarter Ending September 2025
North America
• In the USA, the Vitamin B4 Price Index fell by 6.6% quarter-over-quarter, amid inventory correction.
• The average Vitamin B4 price for the quarter was approximately USD 653.67/MT, reflecting mixed sourcing.
• Vitamin B4 Spot Price softened through July and August as buyers drew down safety stocks.
• Vitamin B4 Price Forecast suggests modest recovery risk into September as logistical constraints gradually ease.
• Vitamin B4 Production Cost Trend remained elevated from freight and input inflation, though transport eased.
• Vitamin B4 Demand Outlook is mixed; health and pharma steady, feed sector procurement weakened post-prebuying.
• Vitamin B4 Price Index volatility reflected shifting imports, port congestion, and distributors' conservative order strategies.
• Short term trading showed selective last-minute purchases ahead of tariffs, while inventories normalized; discounts emerged.
Why did the price of Vitamin B4 change in September 2025 in North America?
• Early aggressive import activity frontloaded demand, created temporary bottlenecks and later encouraged inventory liquidation thereafter.
• Inflationary input and freight pressures raised production economics initially, then moderated as container rates improved.
• Buyers shifted from precautionary restocking to cautious drawdown, reducing spot demand and easing price pressure.
APAC
• In China, the Vitamin B4 Price Index fell by 0.238% quarter-over-quarter, reflecting export-led cost pressures.
• The average Vitamin B4 price for the quarter was approximately USD 558.67/MT, supporting exporter offers.
• Tightened shipping schedules pushed the Vitamin B4 Spot Price higher, reducing immediate export availability briefly.
• Short-term Vitamin B4 Price Forecast indicates mild volatility, supported by restocking and logistics disruptions intermittently.
• Rising labor and freight costs influenced the Vitamin B4 Production Cost Trend, squeezing exporters' margins.
• Outlook shows Vitamin B4 Demand Outlook as frontloaded orders ease, seasonal restocking modestly supports activity.
• Elevated inventories reduced seller urgency, causing the Vitamin B4 Price Index to stabilize across regions.
• Major Chinese producers maintained measured output increases, balancing export commitments with cautious inventory management thus.
Why did the price of Vitamin B4 change in September 2025 in APAC?
• Export frontloading earlier in summer reduced immediate spot demand, contributing to softer prices in September.
• Removal of Peak Season Surcharge alleviated freight cost pressures somewhat, easing exporter pricing and lowering net offers.
• Slow port recoveries and typhoon disruptions delayed shipments, elevating uncertainty and suppressing aggressive buying interest.
Europe
• In Germany, the Vitamin B4 Price Index rose by 1.07% quarter-over-quarter, due to port congestion.
• The average Vitamin B4 price for the quarter was approximately USD 662.00/MT, supporting premium bids.
• Vitamin B4 Spot Price softened as inventories were used, reducing liquidity and compressing Price Index.
• The Vitamin B4 Price Forecast indicates upside as carriers reoptimize routes and port backlogs ease
• Vitamin B4 Production Cost Trend remained subdued as feedstock costs and manufacturing margins showed stability.
• Vitamin B4 Demand Outlook firm across nutraceuticals and pharmaceuticals despite cautious purchasing and lean inventories.
• Inventory draws and export bookings tightened availability, nudging Vitamin B4 Price Index higher in autumn.
• Major importers accepted premiums to secure volumes; producers operated, supporting market balance and spot activity.
Why did the price of Vitamin B4 change in September 2025 in Europe?
• Severe port congestion and rerouted sailings delayed shipments, raising landed costs and tightening immediate supply.
• Early bulk purchases by distributors depleted spot availability, amplifying upward pressure despite stable domestic inflation.
• Lower Rhine water levels constrained barge logistics, increasing inland transport costs and complicating timely deliveries.
For the Quarter Ending June 2025
North America
• The Vitamin B4 Price Index in the USA fell to USD 660/MT in April 2025, reflecting a weak demand outlook as importers held surplus inventories from Q1 frontloading. Spot price weakness was driven by cautious downstream purchasing and market absorption of tariff costs.
• In April, product demand outlook remained bearish as downstream buyers delayed purchases amid high inventory levels and uncertainty over tariff duration. This caused a drop in market activity and pressured suppliers to offer discounts.
• Despite a 145% tariff on Chinese imports, April saw ample product availability due to pre-emptive shipping, with many U.S. buyers deferring further procurement. This created downward momentum in the price index during the month.
• May 2025 witnessed a rebound in the Vitamin B4 Price Index to USD 680/MT, as the U.S. government granted a 90-day tariff waiver. This spurred a surge in import bookings, pushing logistics networks to full capacity.
• A dramatic 300% spike in freight bookings in May, combined with Peak Season Surcharges, caused a jump in landed costs. This contributed to a short-term rise in the product production cost trend and prompted buyers to secure future supplies early.
• Increased downstream consumption across dietary supplements and clinical nutrition drove up the product demand outlook in May. Simultaneously, anticipation of a general rate increase added urgency to procurement timelines.
• By June 2025, the Price Index jumped sharply to USD 760/MT, with sustained inflationary pressure and frontloaded Q3 buying causing significant tightness in port and warehouse logistics.
• U.S. importers aggressively advanced their purchasing schedules in June due to fears of tariff reinstatement and rising container freight rates, which resulted in reduced flexibility and price escalation.
• Strong offtake from nutraceuticals, fermentation, and animal feed sectors continued in June, but the price surge was largely driven by strategic inventory buildup and logistics-driven cost push—impacting both the product price forecast and current spot prices.
• In July 2025, Vitamin B4 prices are likely to increase moderately, though initial frontloading slowed slightly. Persistent congestion at U.S. ports and equipment delays suggest continued supply-side tightness. The Vitamin B4 spot price forecast points to firm prices through late July unless logistical bottlenecks ease.
APAC
• The Vitamin B4 Price Index in China fell by 4.35% in April 2025, with the product spot price touching USD 550/MT due to inventory overhang from March's frontloaded purchases amid tariff uncertainty.
• April’s weak product demand outlook and sluggish factory activity (PMI at 49.0) reflected manufacturing contraction and logistical congestion at ports.
• Despite exemption from new U.S. tariffs, buyers had already bulk-purchased in March, leading to muted April sales and lower product price forecast.
• In May, the Price Index rebounded by 1.82% to USD 560/MT, driven by rising international demand and strained container availability during the 90-day U.S.-China tariff reprieve.
• High freight rates and pre-June GRIs (General Rate Increases) created shipping pressure, giving Vitamin B4 exporters room to raise prices.
• Export-led demand surged in May, particularly from U.S. buyers, while downstream users in food and nutraceuticals maintained steady procurement.
• June saw continued upward momentum as the Price Index rose 1.79% to USD 570/MT, with global customers racing to ship before the August tariff window closes.
• Increased export commitments triggered higher production throughput, impacting the product production cost trend as factories scaled up cautiously.
• June’s product demand outlook remained strong from sectors like pharmaceuticals and animal health, aiding suppliers in executing price hikes.
• Product price forecast for July suggests a possible mild correction, as frontloaded orders ease and global buyers pause amid pricing uncertainty.
Europe
• In April 2025, the Vitamin B4 Price Index in Germany fell sharply by 5.88%, with spot prices at USD 640/MT, driven by oversupply from diverted US-bound cargo and early procurement by buyers ahead of the Labour Day holidays.
• The Vitamin B4 production cost trend remained stable, but large inventory buildup, consistent Asian imports, and favorable freight availability ensured landed costs stayed competitive, limiting price recovery prospects.
• Distribution inefficiencies due to port congestion in Hamburg and Rotterdam, combined with cautious offtake from nutraceutical and healthcare buyers, kept the Vitamin B4 demand outlook subdued.
• In May 2025, the Price Index rose slightly by 0.78% to USD 645/MT, supported by severe vessel delays, reduced Rhine navigability, and a rise in seasonal demand across the pharma and wellness sectors.
• Strategic supply constraints due to rerouted vessels and shrinking availability on Asia-Europe routes bolstered Vitamin B4 spot prices, while anticipation of a General Rate Increase (GRI) in June led to stronger forward bookings.
• A rebound in regional consumption, paired with capacity restrictions from shipping lines, created a competitive buying environment and improved Vitamin B4 demand outlook.
• In June 2025, the Price Index surged by 5.43% to USD 680/MT, as extreme congestion at ports and tightening import supply chains triggered early bulk procurement and pushed Vitamin B4 spot prices higher.
• Germany’s 2% inflation rate offered macro stability, but freight rerouting, delayed inland shipments, and tighter delivery windows spurred buyers to accept increased costs, influencing the Vitamin B4 production cost trend.
• Demand remained firm, but most downstream players accelerated restocking to hedge against expected disruptions in Q3, which supported the strong upward Vitamin B4 price forecast.
• For July 2025, the Vitamin B4 Price Index is expected to increase due to worsening Rhine barge logistics, persistent port congestion, and increased importer activity, sustaining momentum in Vitamin B4 spot prices and demand.
