Weekly Prices and Analyses for Chemicals (December 3, 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 $73.5/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 $4100/MT
The current price is at a high level. All factories are starting normal, and the price increase is difficult. European standard 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.
7. 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.
8. EDTA $1700/MT
Market price is stable, and supply and demand are normal.
9. Paracetamol $3.35/KGS
10. Sulfadimidine Sodium $13/KGS
Organic Chemistry
1. Adipic Acid $1060/MT
The downstream demand situation is not good. Customers who are in urgent need of procurement are looking for low-cost sources. The current inventory of traders is not much. Although the price of pure benzene is stable, it has no effect on the price increase of the market.
2. EDTA-2Na $1300/MT
Market price is stable, and supply and demand are normal.
3. Tetra Sodium Edta $1300/MT
Product price is stable and supply is normal.
4. Pentaerythritol $1300/MT
The market supply is normal and the price is stable.
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.
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 $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.
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.
3. Maltodextrin $488/MT
Domestic corn price is mostly stable this week with only small adjustments. The overall inventory is normal. It is expected that the market will be stable in the short term.
4. Sucralose $26/KGS
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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