Weekly Prices and Analyses for Chemicals (April 21, 2020)

API

Tylosin Tartrate Powder $29/KGS

After Qingdao VIV and Nanchang API exhibitions, Shandong Lukang, Ningxia Taiyixin and Qilu Pharmaceutical Co., Ltd. adjusted their prices one after another. The actual transaction price can be negotiated with a single inquiry.

Favipiravir $13000/KGS

3,6-difluoropyrazine-2-carbonitrile $3900/KGS

Sulfadimidine Sodium $12.5/KGS

Gentamicin Sulfate $147.5/BOU

Paracetamol $5/KGS

Lincomycin Hydrochloride $42/BOU

Vanillin $10.8/KGS

Tiamulin Fumarate $27/KGS

Tilmicosin Phosphate $33.5/KGS

Vanillin $10.8/KGS

Food Additives

Xanthan Gum $1850/MT

The recent price of xanthan gum is relatively stable, but the delivery time of new order from Fufeng is more intense, which will be more than 1 month. The order quantity of August has been reduced, and it is expected that the delivery period may be improved, and the price shall be kept stable later.

Collagen $16.5/MT

Collagen factories are in short delivery, and the orders are generally arranged from the end of April to the beginning of May. This week, the price continues to rise. The quotation this week is FOB Shanghai $16.5.

Dehydrated Garlic $1200/MT

Industrial Coatings

Caustic Soda $490/MT

As enterprises gradually resume production, the supply increases. But due to poor demand, there's not strong enthusiasm for procurement. It is expected that the market of caustic soda will be stable in the near future, and there may be a slight drop in some areas.

Phosphoric Acid $815/MT

Biochemical Engineering

Xanthan Gum $1850/MT

The recent price of xanthan gum is relatively stable, but the delivery time of new order from Fufeng is more intense, which will be more than 1 month. The order quantity of August has been reduced, and it is expected that the delivery period may be improved, and the price shall be kept stable later.

Organic Chemistry

Pentaerythritol $1250/MT

The market supply is normal and the price is stable.

Specialty Chemicals

Adipic Acid $1080/MT

Supported by the reduction in crude oil production, the market's downward trend gradually stopped, and the raw material of Sinopec's pure benzene was raised three times, with a cumulative increase of 600 CNY/ton, which formed a favorable support for the Adipic Acid market. The quotation starts to increase, and please pay more attention to the changes in downstream demand.