MARKET CONDITION 29th week of 2023

MARKET CONDITION 31st week of 2023

Citric Acid

(CAA/CAM/TSC)

Stable this week.

The price of raw material corn continues to rise, and factories have shut down and reduced production respectively. The RMB price has remained stable, while the price of the US dollar has increased due to the influence of the exchange rate.

Stable this week.

The price of raw corn is still at a high level.The market demand is not good enough, so the RMB price has been stable for several weeks.

At present, the factory still has inventory.

The factory may shut down or reduce production because the current prices are below the cost line.

Suggest that customers who have rigid demand can purchase.

Stable this week.

The price of raw material corn continues to rise, and factories have shut down and reduced production, but demand remains low, so the price is temporarily stable.

If market demand recovers, prices will rise. But prices will stabilize in August.

Suggest purchasing if there is actual demand.

We exported aorund 8000MT citric acid in 2022.

We always have big contract of CAM, CAA and TSC with good price. 

If you wanna know our price, please email me back for update.

Lead time: 2-3 Weeks

More favorable prices for over 100 tons! Welcome to inquire!

Increasing.

The rise in raw material corn prices, coupled with good domestic market demand, has led to price increases.

The price is on an upward trend.

When prices were low before, there was a lot of domestic procurement. Causing a shortage of goods. Prices continue to rise.

Prices will rise in August and may remain at a relatively high level.

Increasing.

The price has been rising continuously for several weeks. The price of raw material corn has increased. But mainly because of good domestic demand.  This week, the price will be increased by 200-300 RMB per ton.

If there is real demand, it is recommended to purchase.

We exported 9630 MT MSG in 2022.Welcome inquiries!

The price is stable this week.

The three leading factories want to stabilize price and raise it. It is currently a game stage between the market and the factory, and it is not recommended to make inventory. It is recommended to purchase according to demand.

Decreasing. 

The market demand is weak.

Stable this week.

 The price level in the later stage still depends on the decision of the leading factory. Now they are intentionally stabilizing prices.

There are counterfeit goods with original factory packaging on the market now, with particularly low prices and spot goods, which are basically fake.

Stock: 0.5 MT 80mesh GB standard

Lead time: 1-2 weeks

European standard with ETO + health is also available, welcome inquiries!

Decreasing. 

The market demand is weak.

Decreasing. 

The market demand is weak.

stable.

Decreasing. 

The market demand is weak.

stable.

MOQ is 1000KG, lead time 7 day

EU anti-dumping duty rate: 58.8% -59.4%

Decreasing.

The market demand is weak.

Decreasing.

Small factories maliciously compete at low prices, resulting in price chaos.

Increasing.

Previously, prices were at historical lows. Then the production of raw materials in Brazil was reduced, and there will be a great demand for sweeteners for traditional Chinese food mooncakes on the Mid-Autumn Festival, and it is a peak period, with prices rising.

Stable.

NF13 price decreases.

Stable.

CP95‘s price decreases.

Stable.

Increasing.

Because the price of raw material corn is still increasing. Prices will continue to rise.

If there is a demand, it is recommended to purchase.

Stable.

Recently, the price of raw corn has fluctuated relatively little.

The prices have remained stable in the past two weeks. 

Increasing.

Because the price of raw material corn is  increasing. Price continues to rise.

Increasing.

The price of raw material corn is rising. The price is on a upward trend.

Stable.

Stable.

Stock: 16MT

Both food grade and injection grade BP/USP are available!

Increasing.

Because the price of raw material corn is still increasing.

If there is a demand, we still have good price from the factory.

Increasing.

Because the price of raw material corn is  increasing. Price continues to rise.

Decreasing.

Factories want to grab the orders.

Suggestion: Purchase as needed. 

The overall market has remained stable this week. But the market demand is weak, and prices may fall in the future.

Stable.

A factory will have a new production line, and prices may fall in the future.

Increasing.

But the increase is not significant. The market demand has recovered.

Increasing. 

The market demand is good.

Increasing. 

The market demand is good.

Stable.

The price is currently at a very low level and keep stable over 2 months.

Suggest purchasing if there is actual demand.

Stable.

We have very competitive price--The lowest in the world (with fresh date),welcome inquiries!

100 mesh is also available.

Slightly decreasing.

The market demand is weak, manufacturers control production to stabilize the prices.

Decreasing.

Currently, it should be the peak season for aquatic feed demand. But market demand is very weak. It may still decrease.

One factory's price descreases.

The market demand is still weak.

Suggestion: Purchase as needed. 

One factory's price descreases.

The market demand is still weak.

Suggestion: Purchase as needed.

Stable. 

The market demand is very weak.

The price is currently at a very low level. May be below the factory cost line. The factories have no orders.

Increasing.

The price is mainly affected by the price of the crude oil. The price has slightly increased by 50-150RMB/MT this week.

Increasing.

Affected by the continuous increase in crude oil prices, the price of benzoic acid, a raw material for sodium benzoate, has increased, with a increase of 600RMB/MT compared to last week's quotation.

Stable. 

At present, the prices of raw materials are still rising, but the factory currently has no orders. The price will stabilize for about a week, but it is possible to continue to rise.

There are many factors that affect the price of crude oil and are uncontrollable.

It is recommended to purchase!

Slightly decreasing.

The market demand is weak.

The price will be reduced by 100RMB/MT.

Decreasing.

Affected by flat and weak demand, prices have been lowered by 200RMB/MT this week.

Both GB standard and BASF standard are available, welcome inquiries!

Lead time: 2 weeks

Increasing.

Because the price of raw materials has increased. Feed grade soybean lecithin enters the peak season.

Stable.

Increasing.

It is currently the peak season for feed grade. The large-scale procurement of raw materials for feed grade production has led to a shortage of food grade raw materials. Affected by raw materials, prices have increased.

Stable.

The price will remain relatively stable until the end of July. Now that the price is close to the factory's bottom line, there is little room for a decrease.

Stable.

Decreasing.

At present, the demand is weak, with a price drop of 500RMB/MT this week. Factories are currently short of orders, but wheat prices continue to rise, and some factories have already fallen below the cost line, with limited room for subsequent price declines.

Slightly decreasing.

The market demand is weak.

The factory is expected to shut down for maintenance for one month.

Ethylvanillin decreased significantly.

Stable.

Stable.

Stable.

Some factories have stopped quoting.They have many orders in August and they will not accept new orders temporarily.

Stable this week.

August-September is the peak period for domestic sales of baking soda, leading to tight inventory. Price may increase.

Increasing.

A mainstream factory has been shut down for maintenance. Another factory has a longer lead time due to environmental reasons.

The delivery time is about at least three weeks.

Increasing.

Due to the price increase of yellow phosphorus raw materials in late July and mid August, factories may continue to raise prices, and the price of sodium phosphate may continue to rise.

Slightly increasing.

Some factories are shutting down for maintenance. But the market demand is good, and supply exceeds demand.

We exported 1050 mt phosphates in 2022, welcome inquiries!

Stock: 

SAPP:2FCL 54MT 

Preferential price for Turkey market.

STPP:1FCL 23MT

Increasing. 

The high temperature in summer continues, leading to an increase in the price of upstream chemical raw material epoxy propane. And the market demand is good. The factory has raised the price this week.

Stable.

The market demand is weak, but due to the high prices of upstream raw materials, the factory's quotation remains unchanged. 

Suggest purchasing if there is actual demand.

Increasing.

Demand has rebounded, but foreign production capacity is insufficient, and demand is shifting to China. The factory may continue to rise.

If there is real demand, it is recommended to purchase.

We have USP grade/tech grade with best price, welcome to contact with us for the best price!