Weekly Prices and Analyses for Chemicals (March 24, 2020)

API

EDTA $1650/MT

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

Potassium Sorbate $4200/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.

Tylosin Tartrate $30/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.

Paracetamol $5/KGS

The factory top its quoting.

Tilmicosin Phosphate $34.25/KGS

Sulfadimidine Sodium $12.5/KGS

Lincomycin Hydrochloride $40/BOU

Gentamicin Sulfate $148/BOU

Tiamulin Fumarate $27.25/KGS

Vanillin $10.8/KGS

Organic Chemistry

EDTA-2Na $1250/MT

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

Tetra Sodium Edta $1240/MT

Product price is stable and supply is normal.

Pentaerythritol $1280/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 to work online. The market price is relatively low, the logistics and transportation in various places are not smooth, and the delivery time will be delayed. At present, there are many uncontrollable factors in the market. Pay attention to the news of various plant devices, raw materials, and downstream start-ups.

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

Food Additives

Collagen $16.5/MT

Collagen factories are in short delivery, and the orders are generally arranged from the end of April to the beginning of May. This week, the price continues to rise. The quotation this week is FOB Shanghai $16.5.

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 $3300/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.

Inorganic Chemistry

Phosphoric Acid $815/MT