| Arshine Weekly Report For Main Food Additives and Vitamins | |||||||
| August 7 - August 13 / Week 32 of 2023 Key words of this week: The prices of citric acid, MSG, and phosphate continue to rise | |||||||
| CATEGORY | PRODUCTS | Analysis of market condition - 36 week | Analysis of market condition - 37 week | Analysis of market condition - 38 week | Weekly Trend | Note/Good stock | |
| Acidifiers | Citric Acid (CAA/CAM/TSC) | Increasing. Reason: 1. The price of raw corn continues to rise. 2. Previously, the factory stopped production and reduced production, and inventory was almost depleted. Increase by $20 per ton Future trend: At present, the factory production has decreased. Demand exceeds supply. Prices will continue to rise in September. Suggestion: Suggested procurement, currently the price is still at a low level. The Indian market accepts the current price. | price will be stable and increasing step by step TTCA: start production and no inventory. Output everyday is 200MT-CAA and 100MT-CAM | stable this week factory keep same price as last week Current situation:India is the biggest importer for citric acid, many goods at low value just arrived at India port, demand will be weaker than last week Now the main factor which affect the price is demand. If demand is still weak, price will fall again. |
| We exported aorund 12000MT citric acid in 2022. We always have big contract of CAM, CAA and TSC with good price. Lead time: 3-5 Weeks Now we have old contract around 700tons at hand, first come, first served | |
| DL malic acid/Fumaric acid/Tartaric acid | stable | increasing due to raw material maleic anhydride cost is increasing | keep increasing due to raw material maleic anhydride cost is increasing Current situation:Now changmao increase prices higher than Xuelang |  | We have good price from factories, the price is very favorable now, welcome inquiries with your target price! | ||
| Thickeners | Xanthan Gum | Decreasing. Reason: The market demand is very weak. Suggestion: The market price of xanthan gum is currently quite chaotic. It is not recommended to make inventory. If there is actual demand, you can wait and see or consult with the target price. | hard to see price increasing. And if firm order, we have applied much better prices | Now the price is stable |  | Stock: 0.5 MT 80mesh Deosen brand European standard with ETO + health is also available, welcome inquiries! Our current price has an advantage compared to the factory, welcome to inquire! | |
| CMC | Stable this week. | factories want to increase their prices | raw material chloroacetic acid cost is increasing which lead to CMC price increasing. Guoyu increase prices a lot. Price will quote per each inquiry | | Sample is available, welcome to inquire! | ||
| Vitamins | Ascorbic Acid (VC) | Stable. Future trend: By the end of this year, it will be at a relatively stable level. Unless it is affected by some force majeure factor. | Stable. Future trend: By the end of this year, it will be at a relatively stable level. Unless it is affected by some force majeure factor. | stable | | The goods with advantageous prices from mainstream cooperative factories are from March.Other factories are still selling last year's goods. New goods from May to August are also available. Welcome to inquire!!! | |
| VB1 | The market demand is not good. Price is stable | The market demand is not good. Price is stable | stable | ||||
| VB5-Calcium Pantothenate | stable | Nice stock | |||||
| VB6Hcl (Pyridoxine） | stable | Nice stock | |||||
| VB9 (Folic acid) | stable | we have nice stock 175kg only | |||||
| VB12 （Meco/Cyanoco） | stable | Yes | |||||
| Nutritional dietary supplements | Inositol | Decreasing. Reason: The market demand is not good. Suggestion: The price is now at a very low level. | factories increase their prices, but no firm demand follows. Factories want to ship out stock asap | Last week Bohaoda increase their prices, but no one pay for it. So this week price will keep decreasing |  | Indian customers and major European distributors have purchased over ten tons. Welcome to inquire! | |
| Taurine | The market demand is not good. Price is stable | Stable. | Stable. | | |||
| Food flavor | Vanillin | Stable. | jiaxing zhonghua ethyl vanillin factory fired, the line was stopped, no output. The supply will be short, price will up | The market demand is not good. Price is stable | | There is a new factory that we are working with that offers very favorable prices. Welcome to inquire! | |
| Sweeteners | stevia | The market demand is not good. Price is stable | Now High RA stevia price is decreasing |
The market demand is not good. Price is stable | | ||
| Dextrose Monohydrate | The price remains unchanged this week. Future trend:The price of raw corn is still rising, and the price of dextrose monohydrate may continue to rise. | stable, long delivery time around 3 weeks | Raw material of corn cost is increasing which lead to dextrose monohydrate price increasing. | | |||
| Sucralose | Stable but may decline. Reason: 1. The market demand is weak. 2. A mainstream factory plans to expand production. Suggestion: We have a pre estimated price lower than the market price. If you can accept shipment in early or mid September, the price can be more favorable. | Factories bund together to increase very high prices now, and keep inceasing in next week. | Factories bund together to increase very high prices now, and keep inceasing in next week. | | Welcome to inquire! | ||
| Maltodextrin | Stable this week. | Stable this week. | stable, long delivery time around 3 weeks Corn price is down trend now | | |||
| Erythritol | The price remains unchanged this week. Future trend:The price of raw corn is still rising, and the price may continue to rise. | increasing | Stable this week. | | We have good price from factories, the price is very favorable now, welcome inquiries with your target price! | ||
| Liquid Sorbitol 70% | The price has slightly increased. Reason: The price of raw material corn raises. | The price has slightly increased. Reason: The price of raw material corn raises. | This week price has slightly decreased |  | Flexitank package is also available, welcome inquiries! | ||
| Sorbitol Powder | Stable this week. | Stable this week. | Stable this week. | | |||
| Sweeteners | Mannitol | Stable. | Stable. | Stable. | | Delivery time: 1 month | |
| Xylose/Xylitol | Stable. | Stable. | Stable. | | Xylitol has many mesh sizes. The finer the mesh size, the higher the price. | ||
| Aspartame | Stable. | gsweet decrease their prices to get more orders | Factories bund together to increase very high prices now, and keep inceasing in next week. | | |||
| Sodium Saccharin | Stable. | Stable. | Factories bund together to increase very high prices now, and keep inceasing in next week. | | |||
| ACE-K | Stable. | Stable. | Factories bund together to increase very high prices now, and keep inceasing in next week. | | Stock: 1050KG | ||
| Sodium Cyclamate | Increasing. Reason: Because the prices of raw materials have increased. | Increasing. Reason: Because the prices of raw materials have increased. | Factories bund together to increase very high prices now, and keep inceasing in next week. |
| EU anti-dumping duty: 0.26€ -1,17 €/kg | ||
| Humectant (phosphate) | SAPP/STPP (SHMP/TSPP/SHTP) | Increasing. Reason: 1. The price of yellow phosphorus has increased. 2.The factory has a large number of orders, mainly to expedite shipment and circulation. Suggestion: Inform the demand quantity and approximate demand time during the inquiry. | Increasing. Reason: 1. The price of yellow phosphorus has increased. 2.The factory has a large number of orders, mainly to expedite shipment and circulation. Suggestion: Inform the demand quantity and approximate demand time during the inquiry. | Stable this week. | | ||
| Phosphoric Acid | Increasing. Reason: The price of yellow phosphorus has increased. Market demand has recovered. Future trend: The price may rise to the highest level of last year. The increase may be $5-10 per week and then stabilize for 1-2 weeks. Suggestion: Now you can consider purchasing a portion first. | Increasing. Reason: 1. The price of yellow phosphorus has increased. 2.The factory has a large number of orders, mainly to expedite shipment and circulation. Suggestion: Inform the demand quantity and approximate demand time during the inquiry. | This week price has slightly decreased | | |||
| Preservatives | Potassium Sorbate | Increasing. Reason:The prices of raw materials acetic acid and potassium hydroxide have increased, and the market prices began to rise. Suggestion: The factory has plans to raise prices, but they are currently at a low level. It is recommended to purchase. | Increasing. Reason: 1. The price of yellow phosphorus has increased. 2.The factory has a large number of orders, mainly to expedite shipment and circulation. Suggestion: Inform the demand quantity and approximate demand time during the inquiry. | Increasing. Reason: 1. The price of yellow phosphorus has increased. 2.The factory has a large number of orders, mainly to expedite shipment and circulation. Suggestion: Inform the demand quantity and approximate demand time during the inquiry. | | We have received a lot of inquiries, but there has been little feedback. Welcome to provide more prices and market feedback! | |
| Sodium Benzoate | Increasing. Reason: The price of crude oil has risen. The increase in costs leads to an increase in prices. Increase by $15 per ton Suggestion:There are too many factors that affect the price of crude oil. The price of sodium benzoate is constantly rising, it is recommended to purchase. | Increasing. | Increasing. | | |||
| Calcium Propionate | Increasing. Reason: 1. Previously, prices were low and the factory was in a loss making state. 2.Market demand has improved and factory orders have increased. Increase by $15 per ton Suggestion: At present, the price is still at a low level, it is recommended to purchase. | Increasing. | Increasing BASF stop production, due to raw matrial cost is increasing, and further lead to price is increasing. Some factories still stop quoting now | | we open quote with good price, welcome to inquiry | ||
| Flavor enhancer | Monosodium Glutamate (MSG) | Increasing. Reason: Mainly because the price of raw corn continues to rise. Future trend: In September, there will be a continuous upward trend, but the increase will not be significant and tend to stabilize. One of the mainstream factories expanded production in October. Prices may stabilize or decrease in October. Suggestion: If urgently needed, it is recommended to place an order early and schedule production early, as the delivery time is currently very tight. If you don't need it urgently, you can wait for October to purchase. | Increasing. Reason: Mainly because the price of raw corn continues to rise. Future trend: In September, there will be a continuous upward trend, but the increase will not be significant and tend to stabilize. One of the mainstream factories expanded production in October. Prices may stabilize or decrease in end October. Suggestion: If urgently needed, it is recommended to place an order early and schedule production early, as the delivery time is currently very tight. If you don't need it urgently, you can wait for October to purchase. | Increasing. Reason: Mainly because the price of raw corn continues to rise. Future trend: In September, there will be a continuous upward trend, but the increase will not be significant and tend to stabilize. One of the mainstream factories expanded production in October. Prices may stabilize or decrease in end October. Suggestion: If urgently needed, it is recommended to place an order early and schedule production early, as the delivery time is currently very tight. If you don't need it urgently, you can wait for October to purchase. | | We exported 12000 MT MSG in 2022. EU anti-dumping duty of Meihua: 39.7%. | |
| Organic solvent | Propylene Glycol | Decreasing. Reason: Foreign mainstream factories have shut down production for maintenance, and they have received many orders. Future trend: The price may rise. Mainstream factories in Thailand are shutting down. Demand may shift to our domestic market. Moreover, there is currently a shortage of low priced inventory in the market. | Increasing. | Increasing. | | Hope to receive more prices and market feedback! | |
Leavening agent | Sodium bicarbonate | Increasing. Reason: A mainstream factory equipment is damaged and production is suspended. This has led to a shift in demand towards other factories, and currently the inventory in the market is almost depleted. Demand exceeds supply. Suggestion: The price increase is significant. Suggest waiting for 2 weeks before making an inquiry. | Increasing. Reason: A mainstream factory equipment is damaged and production is suspended. This has led to a shift in demand towards other factories, and currently the inventory in the market is almost depleted. Demand exceeds supply. Suggestion: The price increase is significant. Suggest waiting for 2 weeks before making an inquiry. | Stable this week. | | ||
Leavening agent | Ammonium bicarbonate | Increasing. Reason: Recently, it has been at the peak of agricultural production, and the market demand is very good. Future trend: After September, it is not the peak season for demand, and prices may decrease. | Increasing. Reason: Recently, it has been at the peak of agricultural production, and the market demand is very good. Future trend: After September, it is not the peak season for demand, and prices may decrease. | Stable this week. | | ||
| Emulsifier | Soy Lecithin | Stable this week. | Stable this week. | Decreasing |  | ||
| Emulsifier | Glycerin monostearate (GMS) | Stable this week. | Stable this week. | Decreasing |  | ||
| Protein | Vital Wheat Gluten | Increasing. Reason: Mainly because the price of raw corn continues to rise. Increase by $70 per ton Future trend: It may continue to rise because raw material prices are at a high level. Suggestion: The price is still at a low level. If there is a procurement plan, it is recommended to purchase. | Increasing. Reason: Mainly because the price of raw corn continues to rise. Increase by $70 per ton Future trend: It may continue to rise because raw material prices are at a high level. Suggestion: The price is still at a low level. If there is a procurement plan, it is recommended to purchase. | Decreasing | | ||
| Pea protein | Stable. | Stable. | Stable. |  | 80% and 85% are both available. | ||
| Soybean fiber | Stable. | Stable. | Factories has got too many orders, and production plan is in Dec, 2023 |  | |||
| soybean protein | Stable. | Stable. | Stable. |  | |||
| Hydro Colloid | Agar agar, carrageenan, gelatin, pectin, sodium alginate, konjac jelly,Gum arabic, guar gum, etc | Konjac gum: The harvest of konjac in 2022 was not good, and the raw materials were expensive. However, due to the high inventory in the market, manufacturers did not increase their prices, which was during the downturn period of the product price cycle. | Konjac gum: The harvest of konjac in 2022 was not good, and the raw materials were expensive. However, due to the high inventory in the market, manufacturers did not increase their prices, which was during the downturn period of the product price cycle. | Konjac gum: The harvest of konjac in 2022 was not good, and the raw materials were expensive. However, due to the high inventory in the market, manufacturers did not increase their prices, which was during the downturn period of the product price cycle. |  | If you want to know more about other colloids, please feel free to inquire!! | |
| Vegetable related | Dehydrated carrots, garlic powder, onion powder, etc | Garlic prices have been stabilizing since mid August, and various garlic powder factories have started shipping normally. At present, there is no inventory pressure, so the factory's new product quotation mainly depends on market demand, which is relatively chaotic at present. | decreasing | Factories has got too many orders, price going up |  | If you are interested in other dehydrated vegetables, welcome to consult! | |
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