Weekly Prices and Analyses for Chemicals (March 10, 2020)

API

EDTA $1700/MT

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

Potassium Sorbate $4300/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.

Ascorbic Acid $2800/MT

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

Paracetamol $4.4/KGS

Sulfadimidine Sodium $13/KGS

Lincomycin Hydrochloride $34/BOU

Gentamicin Sulfate $148/BOU

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.

Pentaerythritol $1300/MT

The market supply is normal and the price is stable.

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.