Weekly Offers and Analyses for Chemicals (August 20, 2019)

API

1. 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.

2. Oxytetracycline Hydrochloride $22.22/KGS

Manufacturers stop production and quoting.

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. 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.

5. Gentamycin Sulfate $121/BOU

6. 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.

7. 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.

8. 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.

9. Tilmicosin Phosphate $37.2/KG

Market demand is low and the price is falling.

10. Erythromycin Thiocyanate $43.85/KGS

The price is falling.

11. Ivermectin $152/KGS

The price is stable.

12. Telmycin Fumarate $29.6/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.

Biochemical Engineering

1. 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.

2. 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.