Domestic vitamin D3 prices soared three times in January

2013-09-18 source: in the past month of securities times, the market quotation of domestic vitamin D3 leading enterprises has risen sharply, which has a great potential to repeat the crazy market in 2009 At present, the general quotation in this market is 180 yuan / kg, about three times that of a month ago From the beginning of this year to the middle of August, the market price of vitamin D3 has been hovering around 60 yuan, significantly lower than the peak of 250 yuan in 2012 However, by the end of August, Haisheng chemical increased the market quotation of vitamin D3 to 110 yuan; by the end of August, the market quotation of Zhejiang Huayuan hi tech, the world's largest vitamin D3 manufacturer, soared to 180 yuan; on September 9, another vitamin D3 industry giant, XinHeCheng (002001), further increased the market quotation to 265 yuan However, industry insiders said that up to now, the general market price is still 180 yuan At the same time, vitamin D3 is also on the rise all over the world According to the insiders, the largest domestic vitamin D3 manufacturer has raised its export quotation of feed grade vitamin D3 to 38 US dollars / kg (equivalent to about 230 yuan / kg), while in early September, the price of vitamin D3 in the European market has also increased from 6.5 euros / kg to 17-20 euros / kg At present, the global production of vitamin D3 is mainly concentrated in China, and the relevant foreign giants have successively withdrawn from the market In China, vitamin D3 production enterprises are mainly concentrated in Zhejiang and Fujian, among which Zhejiang Huayuan hi tech has the largest market share, accounting for about 50% of the global market share, followed by XinHeCheng, but the product accounts for a small proportion of the company's overall operating revenue, and jindawei (002626), whose vitamin D3 accounted for about 13% of the company's operating revenue in 2012 In an interview with the securities times, Mr Hong Yan, Secretary of the board of directors of jindawei, said that at present, the company has not made an external quotation for vitamin D3, but the company pursues the market follow-up strategy If a new external quotation is issued, it will be consistent with the overall market trend Before this, vitamin D3 once staged a round of crazy market in 2009 In 2009, the market quotation at the end of July was 45 yuan, which jumped to 60 yuan at the beginning of August, soared to 100 yuan at the end of August, and soared to 300 yuan at the end of September By the middle of October, it had soared to 480 yuan, the highest price of the year, about 11 times of the market price at the end of July A person in the industry told reporters that the recent skyrocketing market price of vitamin D3 may be related to the excessively low market price in the early stage Due to excessive de stocking in the market, the price of vitamin D3 has seriously deviated from the actual value, which can be seen from the gross profit margin of jindawei vitamin D3 plate, the third largest in the industry in the first half of the year, which is - 5.5%