Market Flash

A team of biotechnology experts at the Sri Venkateswara Engineering College in India emphasized in the book that marine biotechnology has great potential and is the future trend. They wrote in the book

• Marine
• raw material
• cosmetics

This month, isopropyl alcohol market after a fall first, overall there are still sharply higher from the previous month.

• IPA

Just as supply chains are being disrupted by outbreaks in key regions, demand may fall due to uncertainty in the global economy and capital markets.

• industrial chemical
• COVID-19

According to professional data, the price trend of domestic phthalic anhydride showed an inverted “V” in April. As of the end of the month, the price of phthalic anhydride was 4687.5 CNY/ton, up 5.93% from the beginning of the month at 4425 CNY/ton

• Phthalic Anhydride
• price
• trend

According to recent news, although imports of acrylonitrile have declined in 2019, the degree of dependence on imports has remained above 10%.

• acrylonitrile
• analysis
• trade

Recently, the French "Le Figaro" published its exclusive interview with Bill Gates. Bill Gates was asked several times about China-related issues in an exclusive interview. He said that in the face of the global new coronary pneumonia epidemic

• Bill Gates
• China
• supply

In the past few days, Bangladeshi garlic, lentils, cardamom and dried chilies have risen in price.

• Bangladeshi
• spices
• prices

In April 2020, the Yantai LNG terminal and receiving terminal project (hereinafter referred to as "Yantai LNG Project") invested and constructed by Shandong Poly GCL-Huala International Energy Co., Ltd.

• LNG project
• gas

From January to March 2020, China imported 2.066 million tons of potassium chloride (Tax number: 31042090), with a cumulative average price of US $ 275.3 / ton, which was a 30% and a small decrease from the 2.952 million tons and US $ 291.3 / ton

• Potassium chloride
• Potassium sulfate
• export

Recently, a randomized, controlled trial (RCT) funded by FANCL found that intake of camellia extract, mulberry leaf extract and chitosan can reduce postprandial blood glucose and triglyceride levels in healthy subjects.

• Camellia extract
• blood glucose
• FANCL

Recently, plant raw material producer Innophos Holdings has launched an Indian bark extract Oxyjun, which is mainly aimed at the active nutrition and sports performance market.

• bark extract
• nutrition

Polyurethane (PU) raw materials fell to a multi-year low in April, reversing the increase in March, because the coronavirus pandemic forced the plant to close, resulting in the cancellation and delay of extensive isocyanate and polyol orders

• Demand
• epidemic
• PU
• Europe

In 2017, the global guar gum market size was 525.3 million US dollars. By 2027, the global guar gum market will reach 886.6 million US dollars.

• guar gum
• market
• analysis

Local industry organizations in the Philippines said that since Luzon (the island of the Philippines ’capital, Manila) has been blocked, Filipino consumers and pharmacies have been hoarding vitamin products

• Philippines
• vitamin
• sales

NHU recently released a financial report showing that the company's operating income in 2019 was 7.621 billion yuan, -12.23% year-on-year, and net profit attributable to the mother was 2.169 billion yuan, -29.56% year-on-year

• Vitamin
• PRICE
• NHU

Eric Linak, Director of Specialty Chemicals at HS Markit, said recently that from 2019 to 2024, global consumption of adhesives and sealants will grow at an average annual rate of nearly 4%. During this period

• adhesive
• sealant
• consumption
• China

With the successive construction of major petrochemical infrastructure projects in various regions, coatings are an indispensable auxiliary material for anti-corrosion projects. This market has performed well in April.

• Painting&Coating
• market

On April 27, Tiger Surface Technology New Materials (Suzhou) Co., Ltd. (hereinafter referred to as Tiger China) announced the launch of a new generation of anti-hazardous microbial powder coatings-TIGER AM series, namely Yaomu series

• Painting&Coating
• anti harm

From April 20 to 23, Jiangsu Heyou Chemical Co., Ltd. DN1800 industrial iron ruthenium relay catalytic ammonia synthesis system passed the 72-hour on-site assessment and calibration organized by China Petroleum and Chemical Industry Federation.

• synthetic ammonia
• technology
• China

Nestlé has reached a partnership with the Sustainable Trade Initiative (IDH) to support agricultural communities and local procurement practices in West and Central Africa, as part of IDH ’s “Sustainable Development in Africa (GSA)” initiative.

• Nestlé
• IDH
• Africa