Weekly Offers and Analyses for Chemicals (Jun 4, 2019)

API

1. Doxycycline Hyclate $62.01/KGS

Manufacturers have stopped production. The market is not flourishing.

2. Neomycin Sulfate $21/BOU 

The price of neomycin sulfate in Yichang Sanxia Pharmaceutical was lowered twice after the quotation was restored, and the price in Sichuan Long March Pharmaceutical was subsequently lowered. The market price continues to decline slowly and market demand decreases.

3. Oxytetracycline Hydrochloride $22.61/KGS 

Manufacturers stop production and quoting.

4. Tylosin Tartrate $36/KGS

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

5. Vitamin C $2700/MT

The price of vitamin C continued to rise this week, and the product was in great demand. The price will continue to rise in the short term.

6. Paracetamol $3.6/KGS

The price advantage is obvious, and the product quality is excellent. Spot goods are guaranteed after the order being confirmed.The manufacturer is Tianjin Bofa.

7. Timicosin Phosphate $42.15/KGS

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 caused the government to attach great importance to production safety, so most chemical companies have stopped production and supply are insufficient. The current price is high and stable.

8. Tyramectin Fumarate $32.5/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. The market price is 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.

9. Colistin Sulphate $12.4/KGS

Domestic stocks increased, and the market price reduced.

10. Ivermectin $162/KGS

The price is stable.

11. Potassium Sorbate $4000/MT

The price of potassium sorbate is relatively stable compared to that of the previous week. At present, it is a traditional off-season. The price is not likely to rise but will not decline in the short term. The factories are quoted according to every order.

12. Gentamycin Sulfate $123/BOU 

Biochemical Engineering

1. Xanthan Gum $1850/MT

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

2. Carboxymethyl Cellulose $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 increase price increases by 50-80 US dollars.