Recently, there have been some noteworthy changes in the market for niacin and nicotinamide.
After the prices fell to a low level in the early stage, they have continued to rise slightly due to the continuous replenishment of downstream users and the impact of factory adjustments to reduce production capacity and arrange maintenance. As of now, the transaction price in the domestic market is between 33-34 yuan, with some manufacturers quoting 35 yuan; The FOB export transaction price is between 4.2-4.35 US dollars.
At present, the supply of niacin in market is relatively tight, and the delivery schedule of VANETTA requires at least one and a half months, with an expected delivery date of early November; Kunda’s delivery time is even more exaggerated, waiting until the end of November. Currently, these two companies are basically not accepting new orders; Brothers and Redpont are both in a state of shutdown, and there is currently no clear plan to resume production, so they are not quoting or accepting orders. The supply of nicotinamide in the market is also under pressure. Brother’s orders have been scheduled until the end of October, while Kunda’s orders are scheduled until the end of November. Only Redpont has relatively more favorable delivery conditions, and some orders can be delivered in October.
Recently, the raw material prices of nicotinamide and niacin have continued to rise, with a year-on-year increase of about 5% compared to last month. Just yesterday, the price of the top three suppliers directly increased by 1000 yuan/ton. Meanwhile, niacin and nicotinamide are among the few products in the market that currently have a supply and demand gap, and this supply gap is expected to last for 1.5-2 months.
The continuous rise in raw material prices has driven up production costs, and downstream enterprises have a high enthusiasm for stocking and restocking. However, the supply gap has further exacerbated the tight delivery schedule. If the factory can control the sales pace reasonably, the prices of niacin and nicotinamide are expected to rise slowly, and the market transaction price is expected to exceed 40 yuan.
Post time: Sep-18-2025