Weekly Prices and Analyses for Chemicals (December 24, 2019)

API

1. Tylosin Tartrate $26.5/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 $18/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 $2430/KGS

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

4. 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.

5. Erythromycin Thiocyanate $37/KGS

The price is falling.

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 $3.5/KGS

10. Sulfadimidine Sodium $13/KGS

11. Lincomycin Hydrochloride $35/BOU

12. Gentamicin Sulfate $150/BOU

13. Tilmicosin Phosphate $32.5/KGS

14. Tiamulin Fumarate $28.1/KGS

Organic Chemistry

1. Adipic Acid $1050/MT

Recently, the price of raw benzene for raw materials has been raised twice. In addition, due to the tight supply of domestic pure benzene and the cost pressure, adipic acid factories have increased their listing prices, and the market price has been tentatively raised. In the short term, prices will continue to rise, but therange of increase depends on downstream acceptance.

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

1. Phosphoric Acid $950/MT

2. Caustic Soda $490/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.

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. D-Glucose Monohydrate $400/MT

Recently, domestic corn prices are mostly stable with a few small fluctuations. The market tends to be stable. The price will maintain stable in the short term.

5. Sucralose $26/KGS

Food Additives

1. 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.

2. 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.