Global Decline in Vitamin C Prices in March, Weak Demand and Overflowing Inventories to Blame
- 20-Mar-2025 6:30 PM
- Journalist: Nicholas Seifield
The international market for Vitamin C is experiencing a significant drop in its prices during March 2025. One of the major reasons for this decline is the weak demand from its major end-use industries. The downstream sectors like pharmaceuticals, nutraceuticals and personal care showed a softened demand and it directly affected the prices as these industries are major buyers of Vitamin C. The resumption of Vitamin C manufacturing post Chinese Lunar Year slowdown resulted in overflowing of inventories and further reduced Vitamin C prices.
The decrease in prices of Vitamin C was not restricted to any particular region and it resonated across global markets. USA, India and Germany saw a significant decline in prices of Vitamin C along with China which is its biggest exporter. One of the factors responsible for this decline is the weak downstream demand because of strategic buying in anticipation of upcoming quarter to adjust their production cycles.
ChemAnalyst tracked that this decline of Vitamin C prices was also affected by the overstocked inventories. This overstocking of Vitamin C inventories was a result of pick up in production by manufacturers after the slowdown because of the Chinese New Year. This hasty effort to replenish inventories resulted in excess supply of Vitamin C in the market. Ongoing weak consumption of Vitamin C along with overflowing inventories led prices to decline even more.
ChemAnalyst anticipated that the Vitamin C market will stabilize with Vitamin C prices being stable and will show a modest growth. Vitamin C market will show recovery in forthcoming period as supply chains will become more efficient and there will be no further disruptions. The pharmaceutical and nutraceutical industries will resume their purchasing and will contribute to market stability of Vitamin C.
The buyers, sellers, and other stakeholders are suggested to stay agile and keep a sharp eye on the developments in the Vitamin C market to make better deals and leverage the current situation. The buyers and procurement specialist of Vitamin C are advised to maintain strategic procurement policy and capitalize on current situation by securing their inventories at much lower price. Sellers on the other hand must be careful while evaluating their inventory levels, considering the market surplus and adjust their price strategies accordingly to stay competitive. Both suppliers and buyers must stay alert to changes in demand and supply of Vitamin C. Monitor market fluctuations closely to nurture solid relationships as it will be essential to effectively navigate this unstable market phase.