2023/10/23 Price Updates: Like Resveratrol Powder Still Down

Resveratrol Powder

In 2022, 50% of the market price of Resveratrol powder will reach a peak of more than $85/kg. In July this year, its market price was $77.5-82/kg. This week, the price of Resveratrol is $70-78/kg. It can be seen that the price trend of this ingredient has been declining for over a year.

Creatine Monohydrate Powder

Amid the shortage of raw materials, the price of Creative Mono powder has been rising. Market delivery times are generally extended. Currently, Nutri Avenue understands that the market price of this ingredient has reached as high as around $12/kg. Prices have risen significantly. However, the final price still needs to be provided by specific inquiry.

L-Carnitine Powder Series

In the first half of 2023, the prices of the Carnitine Series, including L-Carnitine base, L-Carnitine tartrate, Acetyl L-Carnitine HC, and L-Carnitine Fumarate, are all very low. Many factories and suppliers are selling at a loss to clear inventory. It is understood that after a long period of low prices, there is feedback from factories that the market price of this series of products is very likely to usher in a new round of price increases. The reason is bottoming out.

Monk Fruit Extract/Luo Han Guo Extract

Compared with last year’s prices, the price of Monk Fruit Sweetener’s raw materials has dropped significantly this year, and the quotation of this natural sweetener has also dropped smoothly. Its market price is $103.5-115/kg.

Vitamin B1

This week, the Vitamin B1 market has seen a price increase. The market price of VB1 Thiamine Mononitrate powder has risen to around $20/kg. The market price of another form, VB1 Thiamine HCL powder, is around $22/kg.

Sodium Saccharine 40-80 Mesh

After a price drop in the previous period, Sodium Saccharine Powder’s price is relatively stable this week. There are also signs of a slight price recovery. Compared with mid-September, its price has increased by about $60/mt. However, judging from the historical market price of sodium saccharine, the current price is still low.

This week, its market price is $6.5-9/kg.

Popular Raw Ingredients Market Price Update 10/23-10/29

• Glucosamine HCL

Its market price remains stable at $7.3-9.5/kg.

• Vitamin B5 D-Calcium Pantothenate

Its market price is $16-21.5/kg, which has not changed.

• Beta Alanine Powder

The market is stable, and the quotation remains at $4.5-6.5/kg.

• Alpha Lipoic Acid Powder

The market for Alpha Lipoic Acid ALA powder has not changed much. This week, its price is $48.5-56/kg.

• Alpha GPC Powder

There are two common amounts of this ingredient. One is Alpha GPC 50%. Its price is $52-65/kg. The other is Alpha GPC 99%. Its price is $108-121/kg. Nutri Avenue expects to receive 500kg of Alpha GPC 90% powder to the US warehouse in mid-November.

• Citicoline Sodium

The market price of Citicoline Sodium powder is basically $163.5-177/kg.

• Turmeric Powder Extract 95%

Its market price is $49.5-56/kg.

• Beet Root Powder

There is no change in the market for this ingredient. The market price this week is $5.8-7/kg.

• Organic Apple Cider Vinegar Powder 5%

The market price is basically above $5/kg.

Promotional Supplement Ingredients List On Nutri Avenue 10/23-10/29

1. Xanthan Gum 80/200Mesh

The market for this ingredient remains stable. This week, Nutri Avenue continues to list Xanthan Gum powder as one of the promotional ingredients, and the promotional price has been adjusted downwards again. It is worth noting that Xanthan Gum 80Mesh only has the last 500kg in stock in the United States. For reference, the market price of Xanthan Gum is $15.5-20.5/kg.

Conclusion

This week, the Creative Mono market is still in short supply. After experiencing low-price sales for about half a year, the L-Carnitine powder series has shown signs of rising recently. Because of the decline in raw material prices, the market price of Monk Fruit powder has also dropped significantly compared with last year. At the same time, the market quotation of Resveratrol powder has been on a downward trend since last year and is currently generally maintained at around $70/kg. Finally, Nutri Avenue still offers Xanthan Gum as a promotional product. The promotion is more favorable than last week.