Weekly Offers and Analyses for Chemicals (Jun 18, 2019)

API

1. Dextrose Anhydrous $610/MT

Recently, the price of domestic corn and the market are stable. The price of dextrose anhydrous declines slightly. FOB Qingdao Port: 610 USD/ MT.

2. Paracetamol $3.7/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.

3. Sodium Benzoate $1100/MT

Affected by the price declining of crude oil on last Friday, the market was flucturating. The factory price is stable this week, and the number of orders is satisfactory.

4. 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.

5. 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.

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. Sucralose $27.5/KGS

The price is stable this week, close to the lowest point.

3. Dextrose Monohydrate $395/MT

Recently, the price of domestic corn and the market are stable, and will continue to be stable in the short run. The price of dextrose monohydrate declines slightly. FOB Dalian Port: 395 USD/ MT

Food Additives 

1. ASPARTAME $10800/MT

Environmental protection is carried out, and the delivery time is relatively long. The price is rising steadily. The peak season requires goods to be arranged in advance.

2. Taurine  $2450/MT

The price is still at the bottom this week, but production volume at several firms is flucturating so the price could rise at any time.

Organic Chemistry

1. Ethyl ACETATE $1000/MT

Due to the explosion in Jiangsu, most enterprises have been restricted in production and stopped working. The price of acetate products will continue to rise.

2. Butyl Acetate $1150/MT

Due to the explosion in Jiangsu, most enterprises have been restricted in production and stopped working. The price of acetate products will continue to rise.

Chemical Reagents

Acesulfame Potassium $7700/KGS

At present, there are still only two production plants in China. The price is relatively stable and due to environmental pressure, the price will increase slightly recently. We still have 10 tons of inventory.

Flavors and Fragrances 

N-Propyl Acetate $1200/MT

Due to the explosion in Jiangsu, most enterprises have been restricted in production and stopped working. The price of acetate products will continue to rise.