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    Home > Chemial News > Echemi Analysis > Market Analysis - Monthly Report - June, 2020 - Xylitol

    Market Analysis - Monthly Report - June, 2020 - Xylitol

    Echemi 2020-07-07

    Xylitol prices move steadily low

    1. Overview of market conditions in this period

    Domestic production capacity is basically back to normal, foreign demand is still weak, factory competition is fierce, prices continue to fall;

    图片1

     

    2. Analysis of domestic situation

     

    FACTORS OF INFLUENCE

    HIGHLIGHTS

    JUDGMENT

    FACTORY OPERATING RATE, INVENTORY AND PRESSURE

    Construction started normally. Zhejiang Huakang, Anyang Yuxin, Shandong Futian, etc. are currently only starting 40% -50%, but the inventory is normally high and Longli ’s inventory pressure is still small

    Good

    MARKET DEMAND

    Price volatility, weak market demand, strong wait-and-see mood

    Bearish

    MARKET MENTALITY

    Fierce market competition, serious competition for customers, mainly deal

    Bearish

    FACTORY FALLING PRICE MENTALITY

    The vacant market share is large, the factory is uneven, and each low price competes for the share

    Bearish

    UPSTREAM RAW MATERIALS

    Starch sales quotations are generally raised, and downstream is cautiously chasing after rising

    Good

    INDUSTRY EVENTS

    European production cut

    Good

    COMPREHENSIVE JUDGMENT

    Manufacturers' inventory returned to normal. Although the upstream prices were firm, market demand was weak. The prices were running smoothly as various manufacturers traded to compete for share.

    Bearish

     

    On July 2, the sixth round of auction of national Temporary Storage corn was still 100% traded, and the overall auction was still characterized by high transaction and high premium. After the average price was slightly adjusted last week, the decline did not continue. Auction high turnover made traders bullish sentiment continued, also helped increase the region and port prices to maintain high market expectations. However, it should also be noted that after Entering July, the first two rounds of temporary storage of corn are approaching. While it is still profitable, the recent temporary storage outflow increases, the grain volume of deep processing trade increases, and the periodic supply of corn market tends to enlarge. The second half of the week, supported by the auction policy, corn prices rebounded low;

    Current domestic manufacturers offer:

    FACTORY NAME

    FACTORY PRICE (USD)

    CHANGE (COMPARED TO LAST WEEK)

    DEVICE CAPACITY

    DEVICE OPERATION STATUS

    SHANDONG FUTIAN

    2900-2950

    Flat

    30000Tons / year

    20Tons / day

    ANYANG YUXIN

    2800-2900

    Flat

    20000Tons / year

    10Tons / day

    SHANDONG LONGLI

    /

    Flat

    25000Tons / year

    6Tons / day

     

    3. Summary and Forecast

    According to the fundamental situation of market supply and demand, it is believed that the logic of the bull market in the starch market is transformed from the supply side to the demand side. The negative impact of the demand-side epidemic on the economy and consumption cannot be ignored. Before proceeding, trade with caution. In summary, the overall domestic food grade xylitol market is still weaker than the market price, and downstream sales are difficult. The downstream customers purchase because of the epidemic and the market transactions are generally. It is expected that the food grade xylitol market will remain low in the short term.

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