Weekly Prices and Analyses for Chemicals (March 3, 2020)

API

EDTA $1700/MT

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

Tylosin Tartrate $28.8/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.

Tiamulin Fumarate $27.25/KGS

Tilmicosin Phosphate $34.25/KGS

Vanillin $10.8/KGS

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.

D-Glucose Monohydrate $410/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.

Sucralose $27/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

Food Additives

Aspartame $10950/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.

Taurine $3750/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.

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.