For the Quarter Ending December 2024
North America
During Q4 2024, the Vitamin B6 market in North America maintained relative stability with a slight downward bias. October saw prices holding steady as balanced supply-demand fundamentals prevailed in the market. Buyers maintained routine procurement patterns while manufacturers reported normal operating rates. The nutraceutical and animal feed sectors continued their consistent demand, helping maintain price levels with only marginal softening.
November continued the stable trend with a slight downward movement as market fundamentals remained largely unchanged. Supply chains operated smoothly while demand from end-users remained consistent. Buyers continued their regular procurement activities, though some negotiated minor price concessions. Distributors reported comfortable inventory positions, leading to small price adjustments downward. The market witnessed systematic trading activity as end-users maintained routine buying patterns.
December saw the continuation of stable to soft pricing as year-end activities proceeded normally. Domestic suppliers maintained steady production rates, though facing minimal pressure to adjust prices marginally downward. The market demonstrated typical year-end patterns with slight price erosion, as buyers maintained regular consumption rates. Manufacturers reported balanced supply-demand conditions, with minor price adjustments reflecting the marginally softer market sentiment through quarter-end.
APAC
In Q4 2024, Vitamin B6 prices in APAC markets showed stability with a gentle downward trend. October maintained steady price levels as manufacturers balanced production with market requirements. Producers reported stable production costs, while consistent inquiries from various sectors helped maintain overall price levels with minimal decline. The market witnessed regular trading activity as buyers followed established procurement patterns.
November saw prices continuing their stable to soft trend. Manufacturers maintained steady operations while managing minor downward price adjustments amid adequate supply conditions. Regional trading activity proceeded at routine levels, with slight price concessions offered by suppliers. Production facilities reported normal operations, while export inquiries remained steady despite the marginal price decline.
December maintained the stable to soft trend as manufacturers continued routine operations. Several facilities reported normal production rates amid typical year-end demand. Export prices showed minimal softening, influenced by steady but slightly weaker inquiry levels from international markets. The domestic market maintained its usual vigor despite marginal price erosion, as end-users continued regular procurement patterns.
Europe
In Q4 2024, Vitamin B6 prices in Germany and broader European markets demonstrated similar stability with slight softening. October began with steady price levels as the market maintained equilibrium between supply and demand. European producers operated at normal rates while managing minor downward price adjustments. The market witnessed routine trading as distributors maintained regular procurement patterns.
November continued the stable trend with marginal price decline as market conditions remained balanced. Buyers maintained regular procurement while negotiating slight price reductions amid adequate supply availability. The market witnessed normal trading as distributors followed established buying patterns. Several buyers reported comfortable stock positions, contributing to the minimal downward price pressure.
December's market dynamics remained largely unchanged, though with continued slight softening. Regular consumption patterns across end-use sectors helped maintain overall stability, despite minor price erosion through quarter-end. Year-end activities proceeded normally, with key buyers maintaining routine procurement volumes. Manufacturers reported steady operations and well-managed inventory positions, while logistics activities continued smoothly through the holiday season, with prices showing minimal decline.