Weekly Prices and Analyses for Chemicals (November 19, 2019)

API

1. Tylosin Tartrate $27/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 $21/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. Vitamin C $2500/KGS

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

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. Tilmicosin Phosphate $33.65/KGS

After VIV, all manufacturers of tilmicosin phosphate have raised their prices. In the next month, the price may rise slightly.

7. Erythromycin Thiocyanate $38.3/KGS

The price is falling.

8. Potassium Sorbate $4100/MT

The current price is at a high level. All factories are starting normal, and the price increase is difficult. European customers still have a large amount of unused funds, and the factory has to pay the price for the time being. There is no intention to cut prices.

9. Tiamulin Fumarate $28.5/KGS

After VIV, the producer of tiamulin will soon be restricted by the government, but the market demand for tiamulin is not good, so the price may remain stable.

10. Paracetamol $3.6/KGS

11. Sulfadimidine Sodium $13/KGS

12. Lincomycin Hydrochloride $34/BOU

13. Gentamicin Sulfate $125/BOU

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

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.

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.