Market Flash

Shipping companies have adjusted multiple voyage schedules when their capacity is insufficient and cannot meet all needs, hoping to reduce the impact on the logistics market.

• shipping Suspension
• freight rate

Acetone is an important organic raw material, mainly used in the production of cellulose acetate film plastics and coating solvents. The acetone cyanohydrin (ACH) obtained by the acetone reaction is the raw material for the preparation of methyl methacryl

• MMA
• Acetone
• ACH
• Epoxy Resin

The upstream raw materials are either increased in price or out of stock. Even if the deposit is placed, they are basically out of stock. It is reported that some raw materials are scheduled for 2023...

• silicone
• semiconductor
• PCB

Recently, there has been a big rebound in the global epidemic, and the most interesting of these is India. According to data, as of noon on April 25th, Beijing time, India had newly added 349691 confirmed cases of COVID-19 in a single day.

• India Eepidemic
• spice industry

Recently, a TGIC merchant stated that the current price is 61 yuan/kg including tax and logistics self-pickup (61,000 CNY/ton), and the payment will be delivered. This coincides with another merchant's statement last week that "60 yuan/kg

• TGIC
• chemical material

Caprolactam is one of the important organic chemical raw materials, most of which are used to produce polycaprolactam, and about 90% of polycaprolactam is used to produce synthetic fibers. Caprolactam is also used in the field of coatings

• Caprolactam market
• coating
• lysine

Previously, the highest record for a single country in the world in a single day was 310,000 in the United States, but now, India is refreshing this record every day.

• global API
• drugs supply

Novo Nordisk today announced the decision to enter phase 3a development in obesity with oral semaglutide 50 mg. The decision follows the completion of the STEP phase 3a clinical programme with once-weekly subcutaneous (sc) semaglutide 2.4 mg.

• Semaglutide
• obesity

Recently, SABIC issued a letter announcing that due to the imbalance between supply and demand, the price of some products in North America will be raised from May 17th

• chemical giants
• supply demand
• BASF

After the domestic methanol futures completed the month-shifting of the domestic methanol futures last week, the main 2109 contract fell to 2320 CNY/ton and stopped falling and rose again, and the futures price returned to above the 2450 CNY/ton.

• methanol
• chemical supply

Recently, the 8-month-old Henan Baili New Material Co., Ltd.'s annual production capacity of 200,000 tons of water-based paint project will soon be put into production.

• water-based paint
• painting project

The leading enterprises have achieved accelerated growth based on their core competitive advantages and profitability.

• china chemical industry
• china chemical market

Recently, raw materials at home and abroad have risen in a mess, PS profits have suffered miserably in Waterloo, and more and more production has been stopped and reduced.

• BASF
• LANXESS
• PA

Resources are concentrated to the leading companies, and multiple factors constrain the unrestricted growth of China's chemical industry.

• leading chemical companies
• china chemical industry

Public information shows that Lifeon Pharmaceutical was listed on the SME Board of the Shenzhen Stock Exchange on December 15 last year, with the stock code 003020 and the issue price of 23.13 yuan per share.

• Lifeon pharmaceutical
• pharmaceutical products

Crude oil imports were 140 million tons, a year-on-year increase of 9.5%; the average import unit price was US$406.8/ton, a year-on-year decrease of 12.2%;

• import export
• petrochemical commodity

The number of chemical production enterprises increased significantly during 2011-2015, and the rapid growth of fixed asset investment in the industry led to rapid expansion of chemical production capacity.

• china chemical industry

Recently, Emergent BioSolutions, the manufacturer of Johnson & Johnson's COVID-19 vaccine, has encountered raw material mixing and a large number of production safety issues.

• Johnson
• &
• vaccine
• covid-19

Israel’s marine microalgae start-up company Yemoja, Ltd. recently launched a natural multifunctional active ingredient EPS Revive, which is extracted from Porphyridium algae using a completely natural process.

• algae active ingredients
• anti aging

The latest report released by ANRPC shows that global natural rubber production is expected to increase by 1.3% to 910,000 tons in March 2021.

• natural rubber