VEGA MARKET FLASH: Perspectivas sobre el continuo aumento de la vitamina E
The European Vitamin E market has continued its upward trajectory in recent weeks, with current quotations climbing to €5.6–6.2/kg (≈ US$6.5–7.2/kg), compared with €5.5–5.85/kg (≈ US$6.35–6.75/kg) last week. Historically, rising European Vitamin E prices often signal a broader global price increase in the months ahead. Notably, current European prices are at or slightly above China export prices, an unusual scenario that reflects strong international demand and a tightening supply environment.
From a supply and demand perspective, most major domestic and international buyers have already secured their fourth-quarter requirements, leaving limited spot availability. Among China’s four key Vitamin E producers, two have fully booked orders through late December or even January 2026, while the remaining two still have limited sales capacity for December. Consequently, near-term spot availability remains extremely tight.
Although Q4 procurement is largely complete, the quarter is already halfway through. If the current price trend continues, buyers looking to secure Q1 2026 demand should plan purchases in the next month to avoid further price increases.
Market dynamics indicate that two producers have already sold out for Q4, with one major manufacturer (N**) strongly inclined to raise prices. The pricing strategy of another key player (Z**) is expected to influence overall market sentiment significantly. Z** is focusing on Vitamin E as a key profitability driver, reinforcing upward price momentum.
Industry attention is also focused on new production capacities from Wanhua and Tianshin. However, large-scale supply is unlikely before mid- to late-2026, with uncertainties remaining. The experience from the Vitamin A market highlights that new entrants often take significant time to achieve stable mass production and market impact.
After years of capacity expansion and delayed production, the Vitamin E industry has become more cautious, adopting a “wait until proven” approach toward new supply. Against this backdrop, the current market rally is underpinned by both solid fundamentals and positive market sentiment, suggesting that Vitamin E prices are likely to remain firm in the near term.
