Weekly Prices and Analyses for Chemicals (February 11, 2020)

API

EDTA $1700/MT

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

Neomycin Sulfate $16.5/BOU

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.

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.

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.

Vitamin C $2550/MT

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

Potassium Sorbate $4100/MT

This week's European bidding is basically over. Wang Long has restarted production 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.

Erythromycin Thiocyanate $36/KGS

The price is falling.

Albendazole $32/KGS

Ivermectin $150/KGS

Paracetamol $4/KGS

Sulfadimidine Sodium $28.5/KGS

Lincomycin Hydrochloride $34/BOU

Gentamicin Sulfate $145/BOU

Biochemical Engineering

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.

Sucralose $26/KGS

Organic Chemistry

EDTA-2Na $1300/MT

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

Tetra Sodium Edta $1300/MT

Product price is stable and supply is normal.

Pentaerythritol $1300/MT

The market supply is normal and the price is stable.

Adipic Acid $1080/MT

Affected by coronavirus, Chinese companies have extended the Spring Festival holiday. Some enterprises have started working online. The logistics and transportation in various places are not smooth, and the delivery time is relatively longer than before. At present, there are many uncontrollable factors in the market. Pay attention to the update of various plant devices, raw materials, and downstream operation.

Inorganic Chemistry

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.

Food Additives

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.

Chemical Reagents

Acesulfame K $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.