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Vitamin E prices in Germany dropped sharply in the first week of November as the weakness from late October continued. Buyers were cautious as the oversupply from previous months, low global demand and slow downstream activity kept the bearish sentiment in the region for Vitamin E.
Vitamin E *** CWS CFR Hamburg prices fell by *.** to USD **,***/MT in the week ending to *th November. The German market was weak due to lower landed costs and steady Asian supply which kept Vitamin E offers competitive. Although the broader energy market was stable and logistics through Hamburg were smooth, international suppliers were aggressive with their pricing which added to the downward pressure on Vitamin E prices. With European inventories well stocked from earlier restocking cycles, additional volumes were absorbed without urgency and further anchored the softening trend. Even downstream sectors like cosmetics, supplements and...
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