Market Flash

Recently, Anhui Xinyuan Technology Co., LTD. (referred to as: Xinyuan Technology, company) IPO application accepted by the Shanghai Stock Exchange, to land on the main board.

• IPO

• Cosnova

Soyabeans are likely to swing broadly around $15 ahead of the northern Hemisphere spring planting season.

• oilseed

In the week ending March 3, 2023, global corn prices continued to fall, with Chicago corn futures hitting lows not seen since August, but eventually coming off earlier lows.

• feed

In the week ending March 3, 2023, global wheat prices continued to fall, but the decline slowed.

• world wheat

The decline in French wheat spot prices accelerated in the 9th week of 2023, mainly as competition in export markets remained intense.

• european wheat

The sale of Ventisqueros, a Chilean salmon producer, has been suspended after a lower than expected bid.

• Ventisqueros

The bill will be heard on March 16, inviting the Maine Marine Resources Commission to attend and comment.

• RAS aquaculture

The European Bank for Reconstruction and Development (EBRD) is providing a €15 million loan to Akkim Kimya Sanayi ve Ticaret A.S. (Akkim) in Türkiye to finance the establishment of the first local epoxy resin manufacturing plant at its premises in Yalova.

• EBRD

BRB Silanil® 533 ESO, an epoxy functional silane oligomer containing gamma-glycidoxy groups and methoxy groups. It provides less emission of methyl alcohol upon hydrolysis, when comparing with monomeric epoxy silanes.

• BRB

Stahl, a provider of coatings technologies headquartered in the Netherlands, has agreed to acquire ICP Industrial Solutions Group (ISG), a leader in high-performance packaging coatings.

• Stahl

The Estee Lauder Group was founded in 1946 by Estee Lauder and Joseph Lauder. Estée Lauder manufactures and markets skin care, make-up, fragrance and hair care products.

• Cosmetics
• Group
• Estee
• Lauder

L'Oreal was founded in 1907. L'Oreal Group is a leader in the cosmetics industry, a multinational company headquartered in France, and one of the Fortune Global 500 companies.

• Cosmetics
• Group
• L'Oreal

Mao Geping is mainly engaged in the R&D, production, sales and makeup skills training of two major brands of MAOGEPING and Zhiai Lifetime cosmetics and skin care products. Among them, the "MAOGEPING" brand is named after the company's founde

• MaoGeping
• skin care

It is understood that the total investment of the project is 83.7 billion yuan, the site construction is about to start, the construction period is from June 2022 to December 2024, and the mechanical completion is expected in 2025.

• Construction

On February 28, HongPola Baoli released the "Announcement on joint investment and establishment of subsidiaries and related transactions", saying that it will invest and establish Nanjing Dicheng New Material Science and Technology Co., LTD

• transactions

Between 2023 and 2027, a total of 935 to 1.855 million tons of acrylic products are expected to come on stream from four to nine different Chinese companies, including large-scale refining and chemical integration projects.

• Acrylic Acid

EU Food Safety Authority (EFSA) issued a peer review on the pesticide risk assessment of the active substance spermatoglachlor (S-metolachlor), which did not include the assessment of endocrine disrupting properties.

• S-metolachlor

On 28 February 2023, according to the European Union Food Safety Authority (EFSA), at the request of the European Commission, a tincture derived from the roots of Eleutherococcus senticosus (Rupr. & Maxim.)

• β-mannanase

A tincture derived from the roots of Eleutherococcus senticosus (rupr. & Maxim.) Maxim.) to publish scientific opinions on the safety and efficacy as a feed additive for dogs, cats, and horses.

• Acanthopanax root tincture