Weekly Prices and Analyses for Chemicals (January 21, 2020)

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 $18.5/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. Doxycycline Hyclate

Kunshan only delivered a small amount of products to the old customers. Jiupeng no longer took orders before the market inventory reduction. The price continues to go up.

4. Neomycin Sulfate $20/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.

5. Potassium Sorbate $4100/MT

This week's European bidding is basically over. Wang Long has restarted productioon on the 15th, and the southern factories of Jiangbei and Yangtze River will resume production later. The market is still out of stock in the short term. Due to the exchange rate reduction, the price slightly increased this week.

6. Citric Acid Monohydrate

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.

7. Citric Acid Anhydrous

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.

8. Paracetamol $3.7/KGS

9. Sulfadimidine Sodium $13/KGS

10. Lincomycin Hydrochloride $34.5/BOU

11. Gentamicin Sulfate $148.5/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. 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.

3. 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.

Organic Chemistry

Pentaerythritol $1300/MT

The market supply is normal and the price is stable.

Chemical Reagents

Acesulfame Potassium $7700/MT

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.