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    Home > Weekly Offers and Analyses for Chemicals (Jun 11, 2019)

    Weekly Offers and Analyses for Chemicals (Jun 11, 2019)

    Echemi 2019-06-12

    API

    1. Sodium Benzoate $1100/MT

    Affected by the price declining of crude oil on last Friday, the market was flucturating. The factory price is stable this week, and the number of orders is satisfactory.

    2. Dextrose Anhydrous $610/MT

    Recently, the price of domestic corn and the market are stable. The price of dextrose anhydrous declines slightly. FOB Qingdao Port: 610 USD/ MT.

    3. Taurine  $2450/MT

    The price is still at the bottom this week, but production volume at several firms is flucturating so the price could rise at any time.

    4. Neomycin Sulfate $21/BOU

    The price of neomycin sulfate in Yichang Sanxia Pharmaceutical was lowered twice after the quotation was restored, and the price in Sichuan Long March Pharmaceutical was subsequently lowered. The market price continues to decline slowly and market demand decreases.

    5. Oxytetracycline Hydrochloride $22.61/KGS

    Manufacturers stop production and quoting.

    6. Tylosin Tartrate $34/KGS

    After the VIV Thailand, the price of tylosin tartrate and its derivatives (tylosin base, tylosin phosphate, tilmicosin phosphate, tilmicosin base, etc) rose in all aspects, and all three manufacturers raised their prices to fight against the scant domestic demand and price drop caused by African swine fever. Prices are based on 1mt or more, while bulk prices are relatively higher.

    7. Potassium Sorbate $4000/MT

    The price of potassium sorbate is relatively stable compared to that of the previous week. At present, it is a traditional off-season. The price is not likely to rise but will not decline in the short term. The factories are quoted according to every order.

    8. Vitamin C $2700/MT

    The price of vitamin C continued to rise this week, and the product was in great demand. The price will continue to rise in the short term.

    9. Paracetamol $3.7/KGS

    The price advantage is obvious, and the product quality is excellent. Spot goods are guaranteed after the order being confirmed.The manufacturer is Tianjin Bofa.

    10. Citric Acid Monohydrate $550/MT

    Production starts and the demand is relatively stable. Prices have decreased.

    11. Timicosin Phosphate $42.25/KGS

    Large manufacturers are selling at low prices, and small and medium-sized factories are not profitable, and they have stopped offering. After VIV, all manufacturers negotiated to raise prices, but the pre-orders accumulated too much, resulting in lower inventory and tight supply. In addition, the Jiangsu chemical plant explosion caused the government to attach great importance to production safety, so most chemical companies have stopped production and supply are insufficient. The current price is high and stable.

    12. Colistin Sulphate $12.28/KGS

    Domestic stocks increased, and the market price reduced.

    13. Gentamycin Sulfate $123/BOU


    Biochemical Engineering

    1. Carboxymethyl Cellulose $2320/MT

    At present, the prices of raw wood pulp and refined cotton are relatively stable, and the pressure of environmental protection has led to the shutdown of small factories, but most of the CMC enterprises have reached the standard, and the price is temporarily stable. At present, Anqiu Eagle 1000 viscosity FOB Qingdao 2320, each 1000 viscosity increase price increases by 50-80 US dollars.

    2. Xanthan Gum $1850/MT

    During FIC, xanthan gum factories promoted sales, but after the exhibition, the price has returned to the previous. At present, Fufeng's price of 80 meshes is FOB Qingdao 2100 US dollars, 200 meshes is FOB Qingdao 2200 US dollars; Meihua's food grade of 80 meshes is FOB Qingdao 1800 US dollars, the grade of 200 meshes is FOB Qingdao 2100 US dollars.

    3. Maltodextrin $540/MT

    The price of somestic corn is mostly stable this week. The overall inventory is stable. It was expected that the market would be stable in the short term.The reference price was FOB Dalian Port 540 USD/ MT.

    4. Sucralose $27.5/KGS

    The price is stable this week, close to the lowest point.

    5. Dextrose Monohydrate $395/MT

    Recently, the price of domestic corn and the market are stable, and will continue to be stable in the short run. The price of dextrose monohydrate declines slightly. FOB Dalian Port: 395 USD/ MT

     

    Food Additives

    1. Aspartame $10800/MT

    Environmental protection is carried out, and the delivery time is relatively long. The price is rising steadily. The peak season requires goods to be arranged in advance.

    2. Taurine $2450/MT

    The price is still at the bottom this week, but production volume at several firms is flucturating so the price could rise at any time.

     

    Organic Chemistry 

    1. Adipic Acid $1050/MT

    On the supply side, Liaohua's supply has been reduced; rumors are that Xinjiang's inventory and overhaul plan has been reduced this month. Market supply has decreased compared with the previous period, but it has not effectively boosted the mindset of market participants. The downstream demand is sluggish. Individual manufacturers announced this month's listing and manufacturers have strong market intentions. The mentality of manufacturers is different so the adipic acid market is hard to find a good support at present.

    2. Ethyl Acetate $1000/MT

    Due to the explosion in Jiangsu, most enterprises have been restricted in production and stopped working. The price of acetate products will continue to rise.

    3. Butyl Acetate $1150/MT

    Due to the explosion in Jiangsu, most enterprises have been restricted in production and stopped working. The price of acetate products will continue to rise.

     

    Inorganic Chemistry

    Caustic Soda $550/MT

    The previous price of caustic soda hit the bottom, but the current price rebounds slightly due to increased factory orders and the cost of liquid chlorine.

     

    Chemical Reagents 

    Acesulfame Potassium $7700/KGS

    At present, there are still only two production plants in China. The price is relatively stable and due to environmental pressure, the price will increase slightly recently. We still have 10 tons of inventory.

     

    Flavors and Fragrances

    N-Propyl Acetate $1200/MT

    Due to the explosion in Jiangsu, most enterprises have been restricted in production and stopped working. The price of acetate products will continue to rise.

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