Latest Overall Supply Report(20210927)

2021-09-27

Recently, the prices of raw materials and chemical products in The Chinese market have shown an upward trend and stopped offering prices. The reasons are as follows:

1) Lack of raw material supply

2) The factory is affected by the policy of "double control and double limit" -- and the power limit and the control of energy consumption intensity and total energy consumption.

3) The sustained development of the epidemic in some regions and the impact of natural disasters

1)On September 26, the price of threonine in Jinxiang Biochemical increased to RMB 11500/TM. Affected by power rationing in Northeast China, the operating rate of production enterprises is unstable, the epidemic situation continues to develop, the logistics shipment is tight, and the arrival is not timely, resulting in a comprehensive rise in prices.

2)The nicotine project of Shandong Jincheng Pharmaceutical & Chemical Co., Ltd. has entered the stage of trial production. The project will start construction in November 2020, and 80 new jobs will be created after the project is completed. Nicotine products are widely used in medicine, chemical industry, pesticide and new tobacco and other fields. In recent years, the domestic and foreign market demand for this product is increasing, and the development prospect is broad.

3)For the product of Toltrazuril, due to the impact of raw materials and the double limit policy, the quotation of manufacturers rose, and some factories stopped quoting, and the delivery began to be tight. The current market price is around 1300, and the late price is still bullish.

4)The supply of folic acid raw material to ammonia was tight, and there was a shortage of supply. The factory raised the quotation again, and the quotation of mainstream manufacturers was RMB 350/KG. In the past two months, the market mainly consumed the early inventory, and the transaction price moved up with the reduction of low-cost inventory. The current market price is RMB 280 / KG-RMB 300 / KG, with broad market quotation and active purchase and sales.

5)The market price of Vitamin E has risen again, and the export of mainstream manufacturers has basically stopped reporting. At present, the transaction price in the domestic market has exceeded RMB 80/KG, and the export transaction price has exceeded USD 10/ KG. It is expected to rise in the near future!

6)Affected by the price increase of raw material glacial acetic acid and domestic power and production restriction, the price of sorbic acid has increased significantly. The price is RMB 38/KG-RMB 42/KG, and the delivery of each manufacturer is tight. Most manufacturers stopped reporting, and the subsequent prices of products continued to rise.

7)The Chinese Academy of Sciences (CAS), the first in the world to produce synthetic starch that does not depend on photosynthesis, held a press conference to introduce the important progress made in the artificial starch by its Tianjin Institute of Industrial Biotechnology. Researchers at the institute have come up with a revolutionary starch preparation method: artificial starch made from carbon dioxide and hydrogen produced by electrolysis, independent of plant photosynthesis.

Digested from Vega WeChat Publisher--