For the Quarter Ending March 2026
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Vitamin B1 Prices in APAC
- In China, the Vitamin B1 Price Index fell by 1.44% quarter-over-quarter, reflecting muted overseas orders.
- The average Vitamin B1 price for the quarter was approximately USD 32820.00/MT, showing modest softness.
- Vitamin B1 Spot Price tightened in March as inspections reduced export availability at Shanghai ports.
- Vitamin B1 Price Forecast suggests recovery as restocking feed and nutraceutical buyers support Shanghai offers.
- Vitamin B1 Production Cost Trend elevated due to electricity and energy pressures, constraining seller discounting.
- Vitamin B1 Demand Outlook improved as domestic feed restocking and export bookings absorbed available cargoes.
- Vitamin B1 Price Index remained stable due to balanced supply, feedstock availability, and disciplined offers.
- Vitamin B1 exporters disciplined pricing while export terminal inventories moderated, supporting firmer FOB Shanghai quotations.
Why did the price of Vitamin B1 change in March 2026 in APAC?
- Environmental inspections in Hebei and Shandong idled plants, reducing monthly capacity and tightening spot availability.
- Improved export inquiries from the US and Brazil boosted offtake, enabling sellers to lift FOB offers.
- Elevated electricity and logistics costs raised variable production expenses, constraining discounts and supporting price gains.
Vitamin B1 Prices in North America
- In the USA, the Vitamin B1 Price Index showed slight softness quarter-over-quarter, reflecting subdued earlier demand and adequate inventory coverage.
- Vitamin B1 Spot Price firmed in March as reduced export availability from China and inspection-related disruptions tightened supply.
- The Vitamin B1 Production Cost Trend remained elevated, driven by higher electricity and logistics costs in exporting regions.
- The Vitamin B1 Demand Outlook improved, supported by feed-sector restocking and steady nutraceutical demand.
- The Vitamin B1 Price Forecast indicates a gradual recovery, as restocking activity and constrained supply support firmer pricing.
- Inventory levels across US distribution channels tightened slightly due to delayed shipments and increased March procurement.
- Import reliance on Chinese suppliers exposed the market to supply disruptions caused by environmental inspections.
- Suppliers maintained disciplined pricing, limiting discounts in response to rising costs and improving demand conditions.
Why did the price of Vitamin B1 change in March 2026 in North America?
- Environmental inspections in China reduced export availability, tightening supply into the US market.
- Improved demand from the feed and nutraceutical sectors increased procurement activity.
- Higher production and logistics costs limited supplier discounting, supporting firmer prices.
Vitamin B1 Prices in Europe
- In Germany, the Vitamin B1 Price Index remained slightly soft quarter-over-quarter, reflecting balanced supply conditions and cautious early demand.
- Vitamin B1 Spot Price strengthened in March as constrained Chinese exports and inspection-related output reductions tightened availability.
- The Vitamin B1 Production Cost Trend stayed elevated, influenced by higher energy and logistics costs in upstream markets.
- The Vitamin B1 Demand Outlook improved, supported by steady feed industry consumption and nutraceutical demand.
- The Vitamin B1 Price Forecast suggests modest recovery, driven by restocking activity and limited supply availability.
- Inventory levels across European hubs declined slightly as delayed shipments and steady consumption reduced stock coverage.
- Import flows from China were impacted by environmental inspections and reduced operating rates, limiting prompt availability.
- Suppliers maintained firm offers, supported by rising costs and improving demand fundamentals.
Why did the price of Vitamin B1 change in March 2026 in Europe?
- Environmental inspections in China reduced export supply, tightening availability in Europe.
- Increased demand from the feed and nutraceutical sectors supported stronger purchasing activity.
- Elevated production and logistics costs constrained discounting, enabling firmer pricing.
For the Quarter Ending December 2025
APAC
鈥� In China, the Vitamin B1 Price Index rose by 4.53% quarter-over-quarter, supported by export enquiries.
鈥� The average Vitamin B1 price for the quarter was approximately USD 33300.00/MT, per exporter summaries.
鈥� Vitamin B1 Spot Price held as exporters cleared cargo and inventory stayed within customary cover.
鈥� Vitamin B1 Price Forecast expects mild upward revisions as Q1 restocking meets disciplined exporter offers.
鈥� Vitamin B1 Production Cost Trend showed slight pressure from winter energy surcharges and acetaldehyde increases.
鈥� Vitamin B1 Demand Outlook is constructive as feed and nutraceutical buyers replenished ahead of seasonal campaigns.
鈥� Vitamin B1 Price Index reflected exporter discipline, balanced inventories, limited logistical friction, and offshore enquiry.
鈥� Operating rates at complexes stayed near nameplate, limiting volatility and preserving transactional clarity for traders.
Why did the price of Vitamin B1 change in December 2025 in APAC?
鈥� Export buying momentum increased moderately, absorbing incremental output and sustaining upward price pressure for December.
鈥� Stable feedstock costs with modest utility surcharges raised variable costs but did not restrict supply.
鈥� Port throughput remained adequate despite weather delays, enabling exporters to clear parcels and temper prices.
Europe
鈥� In Europe, the Vitamin B1 Price Index moved higher quarter-over-quarter, reflecting firmer import replacement costs and sustained exporter discipline.
鈥� Vitamin B1 market conditions remained import-led, with Asian-origin shipments meeting feed, nutraceutical, and pharmaceutical demand.
鈥� Vitamin B1 Spot Price remained firm as balanced distributor inventories and steady cargo arrivals limited immediate availability.
鈥� Vitamin B1 Price Forecast signals modest near-term upside as early-Q1 restocking aligns with controlled exporter offer strategies.
鈥� Vitamin B1 Production Cost Trend for importers reflected upstream energy and acetaldehyde-related costs embedded in export offers.
鈥� Vitamin B1 Demand Outlook stayed constructive, supported by feed, nutraceutical, and pharmaceutical replenishment ahead of seasonal campaigns.
鈥� Vitamin B1 Price Index movement reflected stable logistics, disciplined exporter pricing, and steady offshore procurement interest.
鈥� Distributor stocks remained within normal working cover, preventing volatility while sustaining firm transactional levels.
Why did the price of Vitamin B1 change in December 2025 in Europe?
鈥� Strong export-led buying from Asia lifted import replacement values for European buyers.
鈥� Modest upstream energy and feedstock cost pressures supported firmer landed-cost expectations.
鈥� Smooth port operations and predictable logistics prevented supply disruption, reinforcing price stability.
North America
鈥� In North America, the Vitamin B1 Price Index moved higher quarter-over-quarter, reflecting firmer import replacement costs and steady buyer interest.
鈥� Vitamin B1 market conditions remained import-led, with Asian-origin material supplying feed, nutraceutical, and pharmaceutical applications.
鈥� Vitamin B1 Spot Price remained supported as disciplined exporter offers and adequate but not excessive distributor inventories limited downside.
鈥� Vitamin B1 Price Forecast signals modest near-term firmness, driven by early-year restocking and stable downstream consumption.
鈥� Vitamin B1 Production Cost Trend for importers reflected mild upstream cost pressure embedded in export offers, supporting price resilience.
鈥� Vitamin B1 Demand Outlook stayed constructive, with feed, nutraceutical, and specialty nutrition buyers replenishing ahead of seasonal programs.
鈥� Vitamin B1 Price Index reflected balanced inventories, predictable logistics, and sustained offshore enquiry.
鈥� Importers aligned shipments closely with demand, preventing overhang and preserving transactional stability.
Why did the price of Vitamin B1 change in December 2025 in North America?
鈥� Strong export-led pricing from Asia lifted import replacement values for US buyers.
鈥� Year-end restocking increased procurement activity across feed and nutraceutical segments.
鈥� Stable logistics and adequate port throughput prevented supply disruption, supporting firm pricing.
For the Quarter Ending September 2025
APAC
鈥� In China, the Vitamin B1 Price Index rose by 5.99% quarter-over-quarter, driven by export strength.
鈥� The average Vitamin B1 price for the quarter was approximately USD 31856.67/MT on FOB shipments.
鈥� Manufacturing recovery and seasonal restocking supported a firmer Vitamin B1 Spot Price for exporters abroad.
鈥� Freight shifts altered the Vitamin B1 Production Cost Trend, pressuring export margins and availability significantly.
鈥� Exporters responded with competitive offers, tightening spot liquidity and influencing the Vitamin B1 Price Index.
鈥� Muted consumption shaped the Vitamin B1 Demand Outlook, with cautious procurement and selective restocking observed.
鈥� Short-term Vitamin B1 Price Forecast indicates modest gains as inventories gradually normalize and demand strengthens.
鈥� Golden Week stocking and Q4 preparation supported renewed buying, reducing short-term excess and firming prices.
Why did the price of Vitamin B1 change in September 2025 in APAC?
鈥� Stronger export orders ahead of holidays increased buying urgency, offsetting earlier inventory-driven price weakness temporarily.
鈥� Weather-related production interruptions in July reduced available shipments, creating short-term upward pressure on prices regionally.
鈥� Freight and logistics swings altered exporter margins, prompting price adjustments as suppliers defended profits period.
Europe
鈥� In the Netherlands, the Vitamin B1 Price Index rose slightly quarter-over-quarter, reflecting firmer import prices and limited availability from Asian origins.
鈥� Vitamin B1 Spot Price strengthened as tighter Chinese export supplies and logistics delays supported higher landed costs.
鈥� The Vitamin B1 Price Forecast indicates moderate gains through Q4 as restocking activity and steady pharmaceutical demand sustain procurement momentum.
鈥� The Vitamin B1 Production Cost Trend for importers remained elevated due to persistent freight and handling charges, offsetting minor currency relief.
鈥� The Vitamin B1 Demand Outlook in Europe was steady, supported by consistent requirements from the pharmaceutical, nutraceutical, and fortified food sectors.
鈥� Market participants noted balanced inventories as traders timed purchases cautiously, limiting excessive price swings across the quarter.
鈥� The Vitamin B1 Price Index movement reflected a mix of import cost pass-through and strategic restocking by distributors in anticipation of Q4 demand.
鈥� Stable downstream activity and moderate consumption trends maintained a controlled pricing environment despite constrained supply conditions.
Why did the price of Vitamin B1 change in September 2025 in Europe?
鈥� Reduced Asian export availability tightened import supply, increasing landed costs and supporting modest price firmness in the Netherlands.
鈥� Higher freight and logistical expenses, along with longer lead times, elevated overall import costs for Vitamin B1 shipments.
鈥� Cautious restocking by European distributors and stable end-user demand supported steady pricing momentum despite limited trade activity.
North America
鈥� In the USA, the Vitamin B1 Price Index rose modestly quarter-over-quarter, supported by higher import costs and steady pharmaceutical sector demand.
鈥� Vitamin B1 Spot Price firmed early in the quarter as limited Asian export availability and extended transit times elevated landed costs.
鈥� The Vitamin B1 Price Forecast signals mild upward movement through Q4, driven by restocking requirements and steady consumption across nutritional supplement manufacturers.
鈥� The Vitamin B1 Production Cost Trend for importers reflected persistent freight and handling costs, with partial offset from stable currency exchange dynamics.
鈥� The Vitamin B1 Demand Outlook remained steady, supported by consistent orders from pharmaceutical, nutraceutical, and fortified food sectors amid controlled inventories.
鈥� The Vitamin B1 Price Index reflected import-driven pressure, with moderate distributor replenishment and strategic inventory management limiting volatility.
鈥� Balanced stock positions across major ports and improved shipping conditions stabilized overall market sentiment through late September.
鈥� Market participants highlighted firm supplier offers from Asia as the main factor sustaining pricing levels despite easing logistical pressures.
Why did the price of Vitamin B1 change in September 2025 in North America?
鈥� Tightened supply from Asian exporters and higher landed costs due to freight fluctuations increased import-driven price pressure in the USA.
鈥� Sustained pharmaceutical and supplement manufacturing demand supported steady procurement, limiting the downside for Vitamin B1 prices.
鈥� Improved logistics and gradual stock replenishment moderated price gains, maintaining controlled price movement through the quarter.
For the Quarter Ending June 2025
North America
鈥� The Vitamin B1 Price Index for U.S. importers increased sharply in April and May due to preemptive procurement from China before anticipated tariff reinstatement.
鈥� In April, restocking surged as importers reacted to expected trade barriers; however, Vitamin B1 was later exempted from tariffs, softening some pressure on the product price forecast.
鈥� U.S. buyers frontloaded orders in May, leading to congested supply chains and a surge in shipping rates by over 27%, raising product spot prices.
鈥� The temporary 90-day tariff suspension (until August 14) intensified inbound volumes from China, tightening domestic availability of freight capacity.
鈥� U.S. supplement, fortified food, and animal nutrition sectors increased orders in May to hedge against expected cost escalation, supporting a bullish product demand outlook.
鈥� June saw easing in import prices as deflation in China passed through to international markets, reversing May鈥檚 highs.
鈥� Importers in June became cautious; existing inventory levels were sufficient, and many adopted a wait-and-watch approach, cooling product demand outlook.
鈥� Logistic costs fell sharply in June, lowering landed prices and weakening product price forecast sentiment.
鈥� U.S. buyers negotiated aggressively on prices amid weakening input costs and ample stock.
鈥� For July 2025, the Price Index may increase slightly, driven by opportunistic replenishment by select players after June鈥檚 dip.
APAC
鈥� The Vitamin B1 Price Index in China rose from USD 30,000/MT in April to USD 30,500/MT in May, then declined in June, indicating a volatile quarter.
鈥� April鈥檚 Price Index increase was supported by solid product demand outlook from the domestic food and nutritional supplement sectors and strategic restocking from global buyers ahead of potential tariffs.
鈥� Despite macroeconomic contraction, April's tight supply and tariff uncertainty sustained high product spot price levels.
鈥� May witnessed further upward momentum in the Price Index amid a 90-day tariff suspension, surging container costs, and peak-season restocking by U.S. importers.
鈥� Product production cost trend rose in May as container spot rates on key routes surged 27%, leading to increased export pricing leverage.
鈥� June experienced a clear downturn in the Price Index, driven by global buyer withdrawal, deflationary input prices, and surplus inventory, softening product price forecast sentiment.
鈥� Chinese Vitamin B1 producers maintained stable output in June, but signs of overcapacity pressured the product spot price.
鈥� Weak procurement from pharmaceuticals and fortified food sectors in June dampened the product demand outlook.
鈥� Falling freight rates and China鈥檚 declining PPI (-3.6% YoY) further eroded exporter pricing power.
鈥� For July 2025, a marginal increase in Price Index is likely, driven by short-term buying revival after June鈥檚 dip, although inventory pressure may cap gains.
Europe
鈥� The Vitamin B1 Price Index for European importers rose significantly during April and May, aligned with rising Chinese FOB prices and strategic pre-summer restocking.
鈥� April demand was robust across Europe as manufacturers in food and pharma sectors replenished inventories in anticipation of Q3 slowdowns, lifting product spot prices.
鈥� Despite exemption from U.S. tariffs, Europe鈥檚 imports competed with U.S. demand, tightening global availability and raising the product production cost trend for European buyers.
鈥� May saw intensified purchasing by European distributors amid rising freight costs and limited vessel space from China.
鈥� Exporters favored the U.S. market in May due to higher margins, leading to constrained European supply and further pushing up the Price Index.
鈥� Downstream sectors such as nutraceuticals and animal feed showed strong offtake, supporting the product demand outlook during early Q2.
鈥� By June, however, buyer activity slowed due to frontloaded purchases and adequate inventory levels, weakening import volumes.
鈥� A sharp fall in global container rates and lower FOB offers from China in June reduced European import costs and softened product price forecast expectations.
鈥� Price competition among Chinese exporters intensified in June, with European importers leveraging falling logistics and input costs.
鈥� In July 2025, the Price Index could rise modestly, as some buyers resume procurement to rebuild stocks after June鈥檚 market correction.
