The Vitamin B5 (D-Calpan) market in North America experienced a period of price stagnancy during the second quarter of 2023. Price negotiations in CFR New York saw a decline from $19,500 per tonne to $18,600 per tonne between April and June, indicating a decrease of 4.6% for the quarter. The demand from end-user pharmaceutical and nutraceutical industries weakened slightly in the latter half of Q2 in the United States. Additionally, the market saw an abundance of domestic suppliers offering vitamin B5 (D-Calpan) at lower prices, contributing to the overall reduction in prices. Inflation in the country aligned with energy prices, but analysts believe this decrease may be temporary due to supply chain pressures. Despite mixed sentiment on vitamin prices, the nutraceuticals market in the country displayed a varied pattern of activity.
During Q2 2023, the Vitamin B5 (D-Calpan) market in Asia-Pacific witnessed a mix of price movements. Prices initially rose from $17,500 per tonne in April to $18,000 per tonne in May before declining to $17,400 per tonne in June. The sustained price decline in June was driven by decreased demand from both domestic and international downstream pharmaceutical and nutraceutical sectors. Chinese producers faced pressure to sell Vitamin B5 (D-Calpan) at reduced margins due to lower consumer inquiries. China’s manufacturing activity contracted for the third consecutive month in June. However, domestic producers continued to stockpile based on demand. The figures highlight the need for better measures to support an economy that has plateaued after a strong first-quarter rebound. June’s PMI indicated various imbalances, including declines in regional and foreign demand, a faster decline in small business activity, and increased pressure on the pharmaceuticals and dietary supplements sector.
Get Real Time Prices of Vitamin B5: https://www.chemanalyst.com/Pricing-data/vitamin-b5-1323
In Germany, the Vitamin B5 (D-Calpan) market displayed bullish sentiments in Q2 2023. Price talks at CFR Hamburg increased from $18,000 per tonne to $18,300 per tonne between April and June, representing a 1.7% incline for the quarter. This upward trend was primarily driven by sustained demand from the nutra and pharma industries, despite moderate stocks held by suppliers. The European market benefited from falling energy and natural gas prices in April, which boosted commerce from Asia, particularly China. However, the unexpected rise in the German unemployment rate in June had a negative impact on the market scenario. Inflation also rose in June, reaching over 6% in Germany. The overall impact on the Vitamin B5 (D-Calpan) industry remains uncertain as market participants adopt a cautious approach while assessing the economic situation.
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