Weekly Offers and Analyses for Chemicals (September 10, 2019)

API

1. Telmycin Fumarate $29.25/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.

2. Ivermectin $150/KGS

The price is stable.

3. Tylosin Tartrate $29/KGS

At present, the market price is falling, and manufacturers are competing with each other. But it is possible that the price in September will rise with the arrival of the peak season.

4. Oxytetracycline Hydrochloride $22.5/KGS

Manufacturers stop production and quoting.

5. Dextrose Anhydrous $620/MT

Recently, the price of domestic corn and the market are stable. The price of dextrose anhydrous declines slightly.

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. EDTA $1800/MT

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

8. Potassium Sorbate $4000/MT

Due to the military parade on October, the raw material crotonaldehyde stopped production, and the market supply is tight. In addition, the factory's cargo scheduling plan is tight. The centralized purchase period of foreign customers will ensure that the goods arrive before Christmas.

9. Sodium Benzoate $1060/MT

The supply of Benzoic Acid in the upstream is tight, and there is no room for price reduction. In addition, Wuhan Organic stopped working for one month in October due to the Military Games. The factory's current order is relatively stable, but the domestic factories are fiercely competing, and the price is not intentionally pulled up.

10. Vitamin C $2700/MT

Recently, the price of vitamin C is chaotic, and the feedback price is uneven. The actual factory inventory is tight.

11. Gentamicin Sulfate $116/BOU

12. 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.

13. Citric Acid Anhydrous $625/MT

Domestic prices remain stable, but the US dollar price for exports has decreased because of exchange rate fluctuations. It is expected that the market will maintain stable and there will be no major fluctuations in the short time.

Biochemical Engineering

1. 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.

2. Sucralose $25/KGS

3. 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.

4. 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.

5. Maltodextrin $495/MT

The price of domestic corn is mostly stable this week. The overall inventory is stable. It was expected that the market would be stable in the short term.

Food Additives

1. 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.

2. ASPARTAME $10450/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.

Organic Chemistry

1. EDTA-2Na $1550/MT

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

2. Tetra Sodium Edta $1550/MT

Product price is stable and supply is normal.

3. Adipic Acid $1150/MT

Domestic pure benzene prices continued to rise, but the increase slowed down. Stimulated by the good news, manufacturers collectively raised the listing price this month. However, due to the lack of downstream demand and the resistance to high prices in the market, the market price remains deadlocked.

Inorganic Chemistry

Phosphoric Acid $900/MT

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.