Market Flash

Chinese herbal medicine traceability system construction blueprint more clearly recently, the Ministry of Commerce, the State Administration of Market Regulation

• Pharmaceuticals

After years of hard work, Tu Youyou and her team have made new breakthroughs in the areas of "anti-malarial mechanism research"

• pharmaceutical industry

The development of traditional Chinese medicine is facing a great test and dilemma due to the insufficient level of basic research and core technology development capability of traditional Chinese medicine

• Chinese medicine

In early October, the National Health Commission officially issued the First Batch of Encouraged Generic Drugs Catalogue.

• drug trend

The newly revised Drug Administration Law will come into force on December 1, 2019.

• Original drug

"It used to be a big booth of foreign companies, but now it is really different", a foreign company exclaimed during the CSCO (Chinese Society of Clinical Oncology Conference) in Xiamen this year.

• pharmaceutical trend

On July 3, a Hapag-Lloyd container ship named "CSAV TYNDALL" was on its way from Jeddah, Saudi Arabia to Jebel Ali, UAE.

• container
• cabins
• freight

Chinese Premier Li Keqiang has signed a State Council decree announcing the decision on adjusting several administrative rules and regulations in order to step up the implementation of the Foreign Investment Law.

• Foreign Investment Law
• china foreign trade

It is more than halfway through 2021. Although some countries and regions around the world are still in the shadow of the covid-19 epidemic, the sales of natural health products are increasing

• natural raw material
• Collagen
• Lutein
• Elderberry

• chemical reagent
• research experiment
• analytical tests
• special report

In the second half of the year, the pressure of PX production in China is gradually fulfilled, but the accumulation rate of PX balance sheet in Asia is still controllable.

• PTA
• PX

It is understood that recently, the convening of the "OPEC+" ministerial meeting has caused great fluctuations in the crude oil industry.

• crude oil
• chemical industry
• OPEC+

Since mid-May, supply has continued to recover, demand has significantly weakened, and methanol prices have fallen sharply.

• Methanol
• installation

Rotterdam, the largest port in Europe, and Hamburg, the second largest port in Europe, were "abandoned" by many shipping companies or alliances because of excessive congestion!

• shipping fee

At the beginning of July, international giants such as BASF, Dow, Lyondell Basel, Clariant, OQ Chemical and other international giants began to bombard again!

• Clariant
• additives
• BASF
• Dow

Although the bisphenol A market continues to rise recently, domestic PC terminal demand continues to be weak, merchants are slow in trading, and their mentality is weak and cautious.

• PC market
• bisphenol A

Global shipping costs are constantly reaching the top in a "rocket-like" manner. The four words "sit on the ground and raise prices" are sufficient to describe the current global shipping market.

• sea freight
• shipping price

The domestic methanol market is in a situation of oversupply, but production is at a loss. With cost support and supply and demand suppressed, it is expected that the methanol 2109 contract will continue to oscillate in the future.

• methanol market

In April 2021, my country's pesticide imports and exports increased slightly year-on-year, and the amount increased significantly, with a trade surplus of US$1.912 billion.

• pesticide
• trade

Recently, the organic silicon sector opened slightly higher and unilaterally pulled upwards. The intraday rose more than 4% and then peaked and adjusted at a high level.

• Silicone
• organic silicon