In Q1 2025, according to the PriceWatch the feed-grade segment for Vitamin B2 (Riboflavin) 80% (FOB Shanghai) experienced continued weakness, with prices falling to USD 12,410 per metric ton, a -5.03% quarterly drop. The feed industry, especially in China, faced slow demand recovery due to a cautious approach in livestock expansion and high inventory carryover.
The Vitamin B2 (Riboflavin) 98% prices dropped even more sharply by -9.13% to USD 34,957 per metric ton as food-grade demand softened further in the absence of strong seasonal or regulatory triggers. With no significant supply disruptions or bullish demand signals market sentiment remained weak.
Buyers in the food and nutraceutical sectors held back on new orders relying on existing inventories while heightened competition among suppliers kept pressure on margins in both domestic and international markets.Â
In Q2 2025, the global Vitamin B2 (Riboflavin) market reflected a mixed performance across feed-grade segments, shaped by differing demand conditions and inventory positions. Riboflavin Feed Grade (80%) recorded a mild positive adjustment as stable production rates and balanced availability supported steady procurement from feed manufacturers, keeping market fluctuations within a narrow 1-2% range. In contrast, another segment of the Riboflavin market experienced more pronounced downward movement, driven by softer restocking interest, adequate inventories, and competitive domestic offers in China, resulting in a broader 6-8% decline during the quarter. Despite these contrasting trends, stable raw material costs and consistent operating levels kept overall market sentiment relatively stable. Looking ahead, changes in regional buying momentum, export competitiveness, and production rate adjustments among Chinese suppliers are expected to guide Vitamin B2 pricing dynamics into the next quarter.
China: Vitamin B2 (Riboflavin) Export prices FOB Shanghai, China
In Q2 2025, Vitamin B2 (Riboflavin) Feed Grade (80%, Powder) prices in China showed contrasting trends driven by differing demand patterns and availability levels. One segment of Riboflavin Feed Grade maintained slight upward traction, supported by steady inquiries from feed manufacturers and balanced supply, keeping prices near USD 12,520-12,540 per metric ton range with a upward 1.08% quarterly change. In contrast, the other Riboflavin segment faced clear downward pressure, with prices easing to around USD 32,450-32,520 per metric ton range, reflecting a decline of 7.05% shift attributed to softer procurement sentiment, sufficient inventories, and competitive price offerings in the domestic market. The divergence in price movement highlighted the impact of grade-specific demand and producer stock strategies. These dynamics are expected to shape sentiment going into the next quarter, particularly as Chinese exporters adjust pricing to maintain competitiveness amid shifting global buying patterns.
In Q3 2025, the global Vitamin B2 (Riboflavin) market maintained a largely stable to slightly soft sentiment, with distinct trends emerging across Feed Grade (80%) and Food Grade (>98%, USP) segments. Vitamin B2 (Riboflavin) Feed Grade prices remained relatively steady, influenced by balanced supply conditions, stable operating rates in China, and cautious yet consistent purchasing from feed and premix manufacturers, resulting in very narrow Vitamin B2 (Riboflavin) price trend fluctuations of around 1% during the quarter.
In contrast, Vitamin B2 (Riboflavin) Food Grade prices experienced a more noticeable downward adjustment of around 3%, driven by subdued demand from food, beverage, and nutritional supplement sectors, together with sufficient inventories and competitive domestic offers that limited upward price momentum. Stable raw material markets, predictable production output, and manageable inventory levels supported overall market stability for both grades despite softer buying interest in premium applications.
While Feed Grade benefited from steady baseline consumption, Food Grade prices have been weighed down by restrained procurement and slower export activity. Looking ahead, shifts in global restocking cycles, demand recovery in fortified foods, and export competitiveness from Chinese producers are expected to shape Vitamin B2 (Riboflavin) price trend dynamics entering the next quarter.
China: Vitamin B2 (Riboflavin) Export prices FOB Shanghai, China, Grade: Feed Grade (80%, Powder), Food Grade (>98%, USP, Powder).
According to Price-Watch, in Q3 2025, Vitamin B2 (Riboflavin) Feed Grade (80%, Powder) and Vitamin B2 (Riboflavin) Food Grade (>98%, USP, Powder) prices in China experienced mild downward adjustments amid steady production and cautious downstream demand. Vitamin B2 (Riboflavin) price trend in China saw a slight decline as balanced supply, stable operating rates, and moderate purchasing from the feed and premix sectors kept the market within the USD 12,200-12,600 per metric ton range.
Similarly, Vitamin B2 (Riboflavin) price trend in China fell due to subdued buying interest from food, beverage, and nutritional supplement manufacturers, along with adequate inventories among major producers, pushing prices into the USD 31,000-32,200 per metric ton range. Market sentiment for both grades remained soft, influenced by limited export momentum and cautious procurement strategies across key consuming industries.
In September 2025, Vitamin B2 (Riboflavin) Feed Grade and Food Grade prices declined by 0.80% and 3.08%, respectively, driven by stable supply conditions and restrained buying behaviour, with these factors expected to guide Vitamin B2 (Riboflavin) price trends into the next quarter.
In Q4 2025, the Vitamin B2 (Riboflavin) market in China has exhibited a mixed-to-bearish trend across Feed Grade (80%) and Food Grade (>98%, USP) segments. Vitamin B2 (Riboflavin) Feed Grade prices have declined sharply by around 11-12%, driven by weak demand from feed and premix manufacturers, ample supply availability, and competitive domestic pricing. In contrast, Riboflavin Food Grade prices have remained relatively stable with a slight decrease of around 0-1%, supported by consistent demand from food, nutraceutical, and pharmaceutical sectors despite cautious procurement patterns.
Overall, the market has reflected subdued sentiment, with sufficient inventories and steady production rates limiting any upward price movement during the quarter
China: Vitamin B2 (Riboflavin) Export prices FOB Shanghai, China
According to Price-Watchâ„¢, in Q4 2025, Vitamin B2 (Riboflavin) Feed Grade (80%) (Powder) prices in China have declined significantly, registering an 11.53% quarter-on-quarter decrease. The decline has been attributed to muted feed-sector demand, excess availability, and aggressive pricing strategies among suppliers. Meanwhile, Vitamin B2 (Riboflavin) Food Grade (>98%) (USP) (Powder) prices in China have remained largely stable, reflecting a marginal 0.37% decline during the quarter.
The Vitamin B2 (Riboflavin) price trend in China showed stable demand from food and pharmaceutical sectors, along with balanced inventory levels which has helped maintain price stability despite overall market softness. In December 2025, Vitamin B2 (Riboflavin) Feed Grade (80%) (Powder) prices in China have remained stable and Vitamin B2 (Riboflavin) Food Grade (>98%) (USP) (Powder) prices in China showed increase of 1.61% , thus the export activity has remained moderate with pricing expected to stay range-bound in the near term.