Weekly Offers and Analyses for Chemicals (Apr 23, 2019)

1. Xanthan Gum USD 1850/MT

During fic, xanthan gum factories promoted sales, but after the exhibition, the price has returned to the previous price. At present, Fufeng's price of 80 meshes is FOB Qingdao 2100 US dollars,and 200 meshes is FOB Qingdao 2200 US dollars. Meihua' food grade of 80 meshes is FOB Qingdao 1800 US dollars, and the grade of 200 meshes is FOB Qingdao 2100 US dollars.

2. Sodium Carboxymethylcellulose USD 2320/MT

At present, the prices of raw wood pulp and refined cotton are relatively stable, and the pressure of environmental protection has led to the shutdown of small factories, but most of the CMC enterprises have reached the standard, and the price is temporarily stable. At present, Anqiu Eagle 1000 viscosity FOB Qingdao 2320, each 1000 viscosity price increases by 50-80 US dollars.

3. Vitamin C USD 2750/MT

This week, the factory price fell slightly, and more customers are wait-and-see. The price continued to fall. The major manufacturers, Shijiazhuang, Tianli and Luwei, were fighting the price war. Small factories were no longer actively fighting the price.

4. Sodium Erythorbate USD 2400/MT

Three factories continued to consolidate the price increase during the exhibition. The factory inventory is tight, and the price continues to rise.

5. Potassium Sorbate USD 4000/MT

The price is relatively stable. At present, it is a traditional off-season. The price is difficult to rise, and the short-term decline is not realistic. The factories are quoted according to the actual order.

6. Sodium Benzoate USD 1180/MT

Although the price of benzoic acid raised, the factory orders are normal, the inventory is sufficient, and the price is stable.

7. TDI

The domestic TDI market is weak and faint, and the business outlook is bleak. The domestic TDI market widened upwards. In the first half of the week, the market maintained its consolidation trend. After that, the manufacturers concentrated on releasing good news. The business mentality was good, the offer was widened, the inquiry atmosphere was warming up, and the factory inventory was not under pressure. It is expected that the short-term market will still go up. 

8. Paracetamol USD 4/KGS

The price advantage is obvious, and the product quality is excellent. Spot goods are guaranteed after confirming order.

9. Gentamicin Sulphate USD 127/BOU

10. Timicoxin Phosphate USD 44.28/KG

Prior to VIV, tilmicosin phosphate and its upstream products: tylosin tartrate. Large manufacturers are selling at low prices, and small and medium-sized factories are not profitable, and they have stopped offering. After VIV, all manufacturers negotiated to raise prices, but the pre-orders accumulated too much, resulting in lower inventory and tight supply. In addition, the Jiangsu chemical plant explosion incident caused the government to attach great importance to it, most chemical companies stopped production and supply became more tense. The current price is high and stable.

11. Tiamulin Fumarate USD 35.63/KGS

The domestic supplier's production capacity is constantly recovering, and each supplier is eager to divide the market of TAIRUI, and the price war continues. Market prices are falling. Recently, the explosion of chemical plants in Jiangsu Province, China has caused some manufacturers to stop production. In addition, China carried out tax reforms in April, so the price is currently relatively stable.

12. Ivermectin USD 167.8/KGS

The price is stable.

13. Tylosin Tartrate USD 41.5/MT

After the VIV Thailand, the price of Tylosin Tartrate and its derivatives (tylosin base, tylosin phosphate, tilmicosin phosphate, tilmicosin base, etc) rose, and all three manufacturers raised their prices to fight against the low domestic demand and price drop caused by African swine fever. Prices are based on 1mt or more, while bulk prices are relatively higher.

14. Neomycin Sulfate USD 23/BOU

The price of neomycin sulfate in Yichang Three Gorges was lowered twice after the quotation was restored, and the Long March was subsequently lowered. Market prices continued to decline steadily and slowly and market demand decreased.

15. Oxytetracycline

Manufacturers stop quoting.

16. Doxycycline

Manufacturers stop quoting.