Vitamin C market remained stable last week (6.21-6.25)

Last week, domestic Vitamin C prices remained stable at a high level, with an average price of 51 CNY / kg, and the prices were consolidated at a high level.The mainstream factories suspend the quotation and mainly complete the pending orders of old customers. Corn prices fell slightly, which had little impact on Ascorbic Acid, and the downstream demand was general. Now it has been in summer, affected by the hot weather, the downstream demand began to decrease.

On the whole, the supply of Ascorbic Acid market is stable. Although the manufacturers have maintenance plans in the future, the supply side is good, but the demand side support is insufficient. It is expected that the Vitamin C market will be in stable running in the near future.