Weekly Prices and Analyses for Chemicals (November 5, 2019)

API

1. Tylosin Tartrate $27.5/KGS

After Qingdao VIV and Nanchang API exhibitions, Shandong Lukang, Ningxia Taiyixin and Qilu Pharmaceutical Co., Ltd. adjusted their prices one after another. The actual transaction price can be negotiated with a single inquiry.

2. Oxytetracycline Hydrochloride $22/KGS

The quotation of Kaifeng Pharmaceutical and Inner Mongolia Grint is stable. There are some small domestic manufacturers who ship goods at a low price, and the quality is not enough for export. Therefore, the quotation of Kaifeng Pharmaceutical and Inner Mongolia grint will not be greatly affected. Dafeng Natural Goods have channels to get the products, and its price is still the most expensive in the market at present. The price gap of Grint and Kaifeng Pharmaceutical was gradually narrowed, and there is a need to find a single procurement discussion. In addition, the new plant of Shengxue Dacheng Inner Mongolia plans is to ship oxytetracycline hydrochloride at the end of this month, which is cheaper than Kaifeng Pharmaceutical and Grint. Samples can be sent to the customer after shipment without GMP.

3. Neomycin Sulfate $13/KGS

Because this year the country's largest production manufacturer Yichang Three Gorges maintains production, the domestic price of neomycin sulfate is low compared to that of last year.

4. Doxycycline Hyclate $72.5/KGS

The market price of the products is high, but the manufacturers sell in limited quantity, and the traders have almost no inventory in the market. ECHEMI has the source of goods, and the price can be discussed according to the actual situation.

5. Citric Acid Monohydrate $530/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.

6. Potassium Sorbate $4000/MT

The current price is at a high level, and customers' wait-and-see mood is strong. According to the past years, the price in December will begin to go down; Wang Long planned to stop work on the 4th due to delivery difficulties.

7. Sodium Benzoate $1050/MT

The upstream benzoic acid factory stopped reporting, the price fluctuated greatly, and now the southern factory Wuhan Organic, Jiangsu SF Feng stopped to wait and see the state; only Shandong Tongtai and Tenglong are giving quotation. First, please quote according to Qingdao price.

8. EDTA $1800/MT

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

Biochemical Engineering

1. 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.

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.

Organic Chemistry

1. Adipic Acid $1090/MT

Since the transportation restriction during the National Day has been lift, stockpiling and limited support from the raw material end. There is a low demand in downstream and market participants mostly hold a wait-and-see attitude. It is expected that the Adipic Acid market will be reorganized and operated in the future.

2. EDTA-2Na $1450/MT

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

3. Tetra Sodium Edta $1350/MT

Product price is stable and supply is normal.

Inorganic Chemistry

Caustic Soda $530/MT

Some enterprises gradually resume production, improve supply, perform poorly in demand, and reduce their enthusiasm for procurement. It is expected that the market of caustic soda will be stable in the near future, and there may be a slight drop in some areas.