Update on vitamin and methionine prices

Research evidence excerpt

Update on vitamin and methionine prices

Deutsche Bank

Research

Europe Industry Date

Germany 24 June 2026

Netherlands European

Industry Update

Chemicals Chemicals and

Specialty Chemicals

Ingredients

Update on vitamin and methionine

prices

Virginie Boucher-Ferte

Update on vitamin and methionine prices Research Analyst

We note the following movements in spot vitamin and methionine prices (week 26: +33-1-4495-5934

22 June to 28 June, prices published on 24 June, source: Kemiex) and their

Rajiv Dalal

relevance by company: Research Associate

n Vitamin A (relevant for dsm-firmenich and BASF): The Vitamin A price in

Europe was down 1% week on week (WoW). The price was up 28% on a Saurabh Mehndiratta

year-to-date (YTD) basis but 6% lower YoY. If the spot price prevails for the Research Associate

rest of the year, the 2026 average price would be 27% below the 2025

average. The current spot price is 12% below the 2023 average. Tristan Lamotte

Research Analyst

n Vitamin E (relevant for dsm-firmenich and BASF): The Vitamin E price in

Europe was down 3% WoW. The price was up 68% YTD but 14% lower on +44-20-7547-1862

a YoY basis. If the spot price prevails for the rest of the year, the 2026 average

price would be 18% below the 2025 average. The current spot price is 25%

above the 2023 average.

n Vitamin B1 (relevant for dsm-firmenich): The Vitamin B1 price in Europe

was flat WoW. The price was up 5% YTD and 7% higher on a YoY basis. If

the spot price prevails for the rest of the year, the 2026 average price would

be 1% above the 2025 average. The current spot price is 95% above the

2023 average.

n Vitamin B2 (relevant for dsm-firmenich and BASF): The Vitamin B2 price

in Europe was down 1% WoW. The price was up 2% YTD and 1% higher on

price would be 3% below the 2025 average.