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    Home > Weekly Offers and Analyses for Chemicals (August 13, 2019)

    Weekly Offers and Analyses for Chemicals (August 13, 2019)

    Echemi 2019-08-14

    API

    1. Sodium Benzoate $1100/MT

    The price of crude oil is rising and the price of raw material toluene is adjusted to ¥100-200. The price of sodium benzene is adjustable for the factory. 

    2. Citric Acid Monohydrate $550/MT

    Domestic prices are relatively stable, but the US dollar price for exports has fallen due to exchange rate fluctuations. It is expected that the market will remain stable in the near future and there will be no major fluctuations for the time being.

    3. Tylosin tartrate $33/KGS

    At present, the price of tylosin tartrate in the whole market is still declining, and manufacturers are competing with each other, but it is not impossible that the price in September will rise with the arrival of the peak season.

    4. Tilmicosin Phosphate $37.2/KG

    Market demand is low and the price is falling.

    5. Oxytetracycline Hydrochloride $22.22/KGS

    Manufacturers stop production and quoting.

    6. Paracetamol $3.5/KGS

    As the price of upstream raw materials rises, the price of API products increases. We can provide products from Luan and Bofa.

    7. Gentamycin Sulfate $121/BOU

    8. Neomycin Sulfate $21/BOU

    Prices of neomycin sulfate from major producers such as Yichang Three Gorges, Sichuan Changzheng and Anhui Xinyu continued to decline slowly with general demand and production of Jinyao Xinrui stopped. The prices of Three Gorges and Changzheng are still at the highest level.

    9. Ivermectin $152/KGS

    The price is stable.

    10. Colistim Sulphate $11.85/KGS

    The production is stable with supply shortage being eased. The prices is stable.

    11. Erythromycin Thiocyanate $43.85/KGS

    The price is falling.

    12. Potassium Sorbate $4000/MT

    This week, Shandong Kunda, Ningbo Wanglong, Shandong Jinneng, and the South Factory stopped production for maintenance, so the factory inventory is insufficient and the price increased slightly.

    13. 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.

    14. EDTA $1920/MT

    Market price is stable, and supply and demand are normal.

     

    Biochemical Engineering

    1. Maltodextrin $515/MT

    The price of somestic corn is mostly stable this week. The overall inventory is stable. It was expected that the market would be stable in the short term.The reference price was FOB Dalian Port 515 USD/ MT.

    2. Sucralose $27.3/KGS

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

    3. Dextrose Monohydrate $415/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: 415 USD/ MT

    4. 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.

    5. 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.

     

    Food Additives

    1. Aspartame $10500/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 $2200/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. Pentaerythritol $1480/MT

    Market supply is normal, and price is stable.

    2. EDTA-2Na $1620/MT

    Market price is stable, and supply and demand are normal.

    3. Tetra Sodium Edta $1620/MT

    Product price is stable and supply is normal.

     

    Inorganic Chemistry

    1. Phosphoric Acid $900/MT

    2. Caustic Soda $550/MT

    The factory's production load is relatively low. Because the subsequent downstream market has entered into the peak season, as well as the 70th anniversary of the National Day in October, the factory is expected to be affected, and the production capacity will not be improved. Factories have already started to produce, suggesting that customers in need can do some inventory first.

     

    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.

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