Market Flash

Minh Phu, Vietnam's largest shrimp producer, achieved operating revenue of VND2.123 billion ($90.5 million), down 50% year-on-year, gross profit of VND122.8 billion, down 75% year-on-year, and net profit loss of VND97 billion.

• seafood factory
• Minh Rich
• shrimp producer

According to the Rapid Alert System for Food and Feed (RASFF) of the European Union, on May 9th, 2023, China was notified of the export of unsatisfactory Chinese sand pears and nylon cutlery to the EU.

• Nylon Cutlery

The US Food and Drug Administration (FDA) website has recently updated its import alert measures, with one Chinese company's products being automatically detained.

• Sulfonate Salt

May 5, 2023, the European Commission issued Regulation (EU) 2023/918, extending the approval period of 40 active substances such as ethemeline, and this Regulation will come into force on the third day after the date of publication.

• active substances
• ethephon

On May 5, 2023, the European Food Safety Authority (EFSA) issued a news that it intends to revise the maximum residue limit of triclopyr in animal products.

• animal feed
• triclopyr

EU Animal Feed Additives and Products (FEEDAP) study group on the environmental safety of diclazuril (diclazuril) as a feed additive for laying hens and pheasants issued a scientific opinion.

• animal feed
• feed additive
• Deczulil

Weimu Biology has completed a D2 round of financing of over 100 million yuan, which will be used for the research and development of innovative ophthalmic drugs.

• ophthalmology

Can new treatments "break the ice"?

• ALS

Polypeptide-drugconjugate drugs (PDC) are conjugate drug molecules. PDC (Peptide-DrugConjugate) can be used to conjugate peptides with other therapeutic molecules in a covalent manner to produce new compounds.

• Polypeptide-drugconjugate

The further expansion of the territory.

• Triplefin

Penang Zhi province known as Vietnam coconut, planting area of more than 74000 hectares, accounting for half of Vietnam national coconut area, annual production of about 690 million.

• coconut

Armin Dorgathen, president of Bolivia's state oil company, YPFB, recently reported that in the first quarter of 2023, 77% of Bolivia's urea exports went to Brazil, cementing Bolivia's position as a major buyer of fertilizer.

• urea

On April 25, 3M reported quarterly financial results, sales in the first quarter of $8 billion, down 9.0% year on year; Net income was $976 million, down 24.9 percent from a year earlier.

• 3M

Analysis report on the pattern of diet drug research in China.

• diet pills

Development trend and existing drugs of antidepressant industry in China.

• Antidepressant

Shiyao medicine first?

• annual production

Delivery technology is the moat.

• mRNA

Recently, the General Administration of Customs issued the Notice of the General Administration of Customs on Further Strengthening the Inspection and Supervision of Imported Dangerous Chemicals (Notice No. 9 (2023)).

• dangerous goods

On April 25th, Guanghua Co., Ltd. released its annual report for 2022, which showed that the company achieved an operating revenue of 1.358 billion yuan, a year-on-year increase of 3.41%

On April 25, Sherwin-Williams reported earnings for the first quarter of 2023.

• Sherwin-Williams