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RIbavirin
2 MT
India
Tetradecyl tributyl phosphonium chloride
51 MT
United States
PET Chips For Bottle Grade
10 MT
India
Nylon Chips
200 MT
China
Ethyl 2-bromoisovalerate
2000 MT
Germany
Metaldehyde Technical 98%
300 G
South Africa
Nitrogen triiodide
2 MT
Jamaica
Nylon 66 Black Granules, Pack Size: 25 Kg , For Engineering Plastics
200 MT
China
Fmoc-Ala-N-Carboxyanhydride
1 G
India
Calcium Hypochlorite 65% Granules
80 MT
India
2-chloroethylphosphonic acid CAS 16672-87-0
1 20' Container
Russian Federation
hydrochloric acid
2 20' Container
Russian Federation
Formic acid
1 20' Container
Russian Federation
INDIGO
100 MT
Pakistan
4,4'-Diaminodiphenylethylene-2,2'-disulfonic acid
16 MT
Turkey
Silver Liquid Mercury Hg
1 Piece
South Africa
GMP Factory Supply Bulk Organic Spirulina Powder / Chlorella Spirulina Powder For health Supplements
100 KG
South Africa
Phosphoric acid 80% Technical
5 MT
India
L Lysine Monohydrochloride
10 MT
India
Sucrose octasulfate sodium salt
1 KG
India
SHIH
Gongyi jiahe water purification material co. LTD
Binzhou Zhongyu Food Co., Ltd.
Eternal tech solution
Hangzhou POLYFUL Advanced Material Co.,Ltd
Suyara Industries Pvt. Ltd.
HubeiXuefei Chemical Co.,Ltd
ANHUI BBCA PHARMACEUTICAL CO.,LTD
Jiangsu Qingting Washing Products Co.,Ltd
Jinan Yuxing Chemical Co, Ltd
-7.7%
$ 60.00 /KG $ 65.00/KG
-6.4%
$ 59.00 /KG $ 63.00/KG
-3%
$ 165.00 /KG $ 170.00/KG
-2.3%
$ 43.00 /KG $ 44.00/KG
-3.9%
$ 12.50 /KG $ 13.00/KG
Singapore City,Singapore
2019.06.25 - 2019.06.26
Ho Chi Minh City,Vietnam
2019.06.26 - 2019.06.28
Ho Chi Minh City,Vietnam
2019.06.26 - 2019.06.28
Seoul,Republic of Korea
2019.06.26 - 2019.06.28
Surabaya,Indonesia
2019.07.10 - 2019.07.12
Bogota,Colombia
2019.07.11 - 2019.07.21
São Paulo,Brazil
2019.08.20 - 2019.08.22
Shanghai,China
2019.08.28 - 2019.08.30
Top Glove Corporation Bhd believes the rubber export curbs by the world’s top producers, beginning April this year, would not significantly push up the commodity’s price. Founder and executive chairman Tan Sri Lim Wee Chai said this is because the natural rubber latex price has reached a reasonable price of about RM5 per kg currently, a jump of more than 40% from the RM3.50 per kg recorded at end-2018. He said the curb to prop up the price would only be effective if rubber prices are low, as other rubber-producing countries such as Vietnam, Cambodia, India, Sri Lanka and China would take advantage of the current good price to increase their supply and exports. “But for us, even when they push up the rubber price, it is still okay for us, as we will adjust our selling price in two months’ time,” he said at a conference call on the company’s results for the third quarter of the financial year ended May 31,2018 (3Q 2019) here today. It was reported that the world’s top producers — Thailand, Indonesia and Malaysia— have agreed to cut natural rubber exports by 240,000 tonnes from April to July this year, aimed at boosting the commodity’s price. Meanwhile, asked if demand for vinyl gloves is expected to decline due to oversupply from China amid the trade war with the US, Lim concurred, saying China accounts for more than 50% of the world’s exports of vinyl gloves. To mitigate the impact on the company, Lim said Top Glove had expanded its vinyl glove production to Vietnam, where the cost of production would be much lower, and it also could enjoy a tax advantage of exporting from Vietnam to the US and Europe. “The factory is still under construction, and it is expected to be in full operation at end-2020,” he said. Moving forward, Lime said the company would continue to expand its operations to cater to global glove demand, which is projected to grow by at least 10% annually. He also anticipated the company to register better earnings in 4Q 2019, as the company had adjusted its average glove selling prices. “The impact will only be reflected in the next quarter, due to a time lag in the cost pass-through mechanism,” he said. In a filing with Bursa Malaysia today, the world’s largest glove manufacturer said it recorded a lower net profit of RM74.66 million for 3Q 2019 from RM117.57 million in 3Q 2018, mainly attributed to a sharp upward movement in the natural rubber latex price. Its revenue, however, ticked up to RM1.19 billion from RM1.10 billion previously, due to the increase in sales volume. At the closing bell, Top Glove’s share declined 2.6% or 13 sen to RM4.87, with 15.47 million shares traded. Source: Bernama
A Fredericton entrepreneur is poised to disrupt the food and beverage industry with the launch of a first-of-its-kind all natural, clean label preservative that ensures food safety and a longer shelf life without the health risks associated with artificial preservatives. The ground-breaking product has earned Tanzina Huq, 34, a prestigious award from Mitacs, a not-for-profit organization that fosters growth and innovation in Canada for business and academia. In recognition of the ongoing success of her start-up and its work to develop a viable broad-spectrum preservative for the food and beverage industry, Huq — a former Mitacs postdoctoral fellow in the department of Chemical Engineering at the University of New Brunswick, and co-founder and chief technology officer of Fredericton-based start-up Chinova Bioworks — will be presented the Mitacs Outstanding Entrepreneur Award on May 28 at a ceremony in Halifax. Huq’s product, Chiber, is based on a fibre extracted from white button mushrooms that works as a natural antimicrobial, providing health benefits to consumers while keeping foods and beverages fresh, safe and nutritious. It protects against bacteria, yeast, mold and pathogens. The product was first tested on juices, sparkling water and iced teas, and is now being applied to dairy products and salad dressings. “In light of recent efforts by Health Canada and the Food and Drug Administration to curb the use of artificial preservatives like sodium benzoate and sodium sorbate — which have been linked to health risks — food and beverage companies are seeking natural alternatives,” Huq explained. “Our product offers an affordable, effective and flexible solution.” Chinova Bioworks recently completed its first pilot-scale production and is gearing up for a product launch in the U.S. in October. The company is working with clients in Canada and the U.S. that are looking to make their products healthy and clean label. In the three years since its launch in April, 2016, Chinova Bioworks has grown to 11 employees and plans to hire two more positions by July of this year. The company is currently targeting food and beverage applications with plans to extend Chiber to cosmetic applications by 2022. “I never imagined that the idea to develop a natural preservative would go this far,” said Huq, whose initial goal was to help reduce food waste. “It was the support of Mitacs early on in my research that enabled us to develop a minimal viable product. Without that leg up, we wouldn’t have been able to start our company.” Huq is one of five winners of the Entrepreneur Award, presented by Mitacs, who are being recognized for their efforts to turn their research into an innovative business that impacts the lives of Canadians. “Canada has exceptional talent and Mitacs is extremely proud to support young entrepreneurs in spring-boarding to market the next generation of innovations,” said Alejandro Adem, Mitacs CEO and Scientific Director, noting that one out of every 10 Mitacs interns chooses to pursue their own business. “Their contributions are strengthening the Canadian economy, spurring productivity and creating jobs.” source: foodincanada.com
The price of rubber has fallen markedly in recent months due to a slowdown in demand in international markets, particularly China. The commodity currently fetches $1,300 per tonne in the local market, a drop of more than $100 compared to last year, according to figures from the Ministry of Agriculture. Rubber being harvested at a farm in Ratanakkiri. KT/ Chor Sokunthea This is bad news for investors in the Cambodian rubber sector, said Lim Heng, vice president of An Mady Group, a company that owns a rubber plantation and exports the product. “At the current price, investors in the sector cannot survive. The cost of production is higher than that price at which the product is being traded,” he said, adding, however, that for small farmers the current price may be sustainable. Mr Heng said that Vietnam, the biggest market for Cambodian rubber, saw a sharp decline in exports to China due to changing Chinese policies and fears over the US-China trade war. He said this affects Cambodia, as a good portion of the Kingdom’s rubber production is sent to China in indirect shipments that pass through Vietnam. Given these price woes, the private sector is demanding lower taxes on rubber exports. “Through the Ministry of Agriculture, the private sector has asked the government to tax rubber exports only for shipments that exceed $2,000 per tonne. However, there has been no response from the government yet,” Mr Heng said. Figures from the Ministry of Agriculture shows that Cambodia exported 63,453 tonnes of rubber in the first four months of the year, an increase of 23 percent. Prime Minister Hun Sen last week called on farmers and investors to keep rubber plantation amid the fall in prices. “The price of rubber is declining, but I would like to ask farmers to now follow what seems to be the trend. Some farmers are cutting down their rubber trees and replacing them with cashew trees. When the price of cashew nuts decline, they will be forced to cut down these trees and find a new crop, incurring a large cost in labour,” Mr Hun Sen said. An Mady’s Mr Heng said the price of rubber will remain stable until next year. “At the current price, existing rubber investors may be able to stay in business, but attracting new investors will be difficult. “Without a new policy that gives more incentives, investors won’t dare come in. They will sit and wait until conditions improve.” Source: GRM
A sustainable carbon-free energy cycle needs to be easy to implement. In recent years, photochemical and electrochemical synthesis of hydrogen peroxide has emerged as a competitive strategy for sustainable energy harvesting and storage. Hydrogen peroxide is a high‐energy molecule that enables a carbon‐free energy cycle like its cousin H2. Currently, light-absorbing semiconductors and electrodes modified with sensitizers are used to catalyze oxygen photoreduction to hydrogen peroxide. Catalysts are generally used as suspensions of particles, however, the particle’s core remains inactive. The larger the average particle size, the higher the resulting inefficiency of the catalyst. A research team led by Eric Daniel Głowacki at Linköping University has recently succeeded in producing a homogeneous solution of a metal-free organic dye that catalyzes a complete cycle of hydrogen peroxide photoevolution. What is special is that this cycle can take place with simultaneous oxidation of various organic molecules as electron donors, including water. Three water-soluble dyes were tested and it was determined that the photoevolution of hydrogen peroxide is optimal in neutral to basic pH conditions. Semiconductor device modelling used in a multitude of previous studies did not hold up when considering homogeneous dyes as catalysts, yet the authors report that the selectivity for hydrogen peroxide remained. The study’s photochemical experiments suggest that the hydrogen peroxide photo-evolution reaction is a first order, single-electron reduction with respect to the catalyst, indicating that catalysis takes place on single molecules and any aggregation would reduce the efficiency of the process. The realization that hydrogen peroxide can be produced in aqueous solution using organic molecules paves the way for a new path to a carbon-free energy cycle. The results of study are promising, enabling the use of hydrogen peroxide as an efficient solar fuel. source: advancedsciencenews.com
Overall imports of unmixed polyvinyl chloride (PVC) into Belarus increased in the first four months of 2019 by 17% year on year, totalling about 12,800 tonnes, according to MRC"s DataScope report. According to the statistical committee of the Republic of Belarus, in April of this year local converters increased significantly in the volume of PVC purchases under pressure from the seasonal factor and expectations of a serious price increase in May-June from key suppliers - producers from Russia. Total imports were about 34,500 tonnes, compared to 3,300 tonnes a month earlier. Thus, imports of unmixed PVC reached 12,800 tonnes in January-April 2019 versus 10,900 tonnes a year earlier, with local windows producers accounting for a increase in demand. Russian producers with the share of about 87% of the Belarusian market were the key suppliers of resin to Belarus over the stated period. Producers from Ukraine and Germany with the share of 7% and 3% were the second and third largest suppliers, respectively. Source: MRC
The Agricultural Chemicals Regulation Law defines “agricultural chemicals” as chemical agents such as fungicides and insecticides that are used to control crop-harming organisms. Agricultural chemicals can be divided into chemical pesticide and biopesticide according to the source of technical material. Chemical pesticide mainly include insecticide, herbicide, bactericide, etc, while biopesticides are certain types of pesticides derived from such natural materials as animals, plants, bacteria, and certain minerals. The chemical pesticides have seen a steady growth from 2010 to 2017 despite a slight decrease in 2015. In 2010, China's chemical pesticide sales volume was 135.32 billion Yuan and in 2017, the figure was doubled and reached 288.52 billion Yuan. Compared with chemical pesticides, biopesticides are more effective, non-toxic and eco-friendly, so they also have steady growth in recent years. Biopesticides sales volume has reached 31.93 billion Yuan in 2017, increasing by 5.7% from 2016. According to data from Ministry of Agriculture and Rural Affairs, there are 38,680 registered agricultural chemicals, including 16,556 insecticides, 10,180 bactericides and 10,171 herbicides , which account for 42.8%, 26.32% and 26.30% respectively. Even though agricultural chemical market are mainly dominated by chemical pesticides, biopesticides are facing a good opportunity to develop with the strengthening of ecological environmental supervision.
According to the latest data released by China Customs, China has exported a total of 46,635,061 KG PVC, and imported a total of 56,095,996 KG PVC in April 2019. The PVC market in China has shifted from net exports to net imports due to the high domestic prices. PVC Export The PVC export in April has seen a month-on-month decrease of 32.92% and year-on-year decrease of 33.97%. The reason for the decreased export quantity in April is that the domestic price remains high and most of the enterprises supply to the domestic market. Middle East, India and Southeast Asia are still the major markets for China’s PVC exports in April. And Uzbekistan, India and Russia are the top 3 PVC importers from China, with the import weight at 6,541,000KG, 6,286,580KG, and 5,526,600KG respectively. (Data Source: China Customs) PVC Import United States, Taiwan (China), and Japan are the top 3 PVC exporters to China, with the trade quantity at 24,238,107KG, 14,092,001KG and 9,488,913KG, accounting for 43.2%, 25.1% and 16.9% respectively in the total PVC import in April. The PVC import in April has seen a month-on-month decrease of 16.24% and year-on-year increase of 11.34%. The market is still dominated by imported materials processing, accounting for 89%, and the general trade volume increased to 5,563 MT from 3,801MT in March. The increase of general trade volume was mainly due to the low foreign prices in the early stage, and the imports of Thailand, Europe and Brazil without anti-dumping duties have successively arrived. (Data Source: China Customs)
The paraxylene (PX) market in Asia is expected to see a surge in new supply in the second half of the year, as new capacities are due to come on stream. Spot PX prices started the year on a strong note, spurred by strong buying activity due to a heavy turnaround schedule in the second quarter. Buyers had been stocking up on inventories on expectations of tightening supply. But supply has lengthened following the earlier-than-expected start-up of Hengli Petrochemical’s 4.5m tonne/year PX facility, exerting a downward pressure on prices. On 17 June, spot PX prices were assessed at $814-816/tonne CFR (cost & freight) China/Taiwan, off the 2019 peak of $1,131-1,133/tonne CFR China/Taiwan hit in end-March, according to ICIS data. Major settlements for the monthly PX Asian Contract Price (ACP) so far this year were only recorded in February and March at $1,050/tonne and $1,080/tonne, respectively. The price gap between PX and upstream naphtha rose to its highest so far this year in early February at around $614.25/tonne, well above what the market deems as the healthy level of $350/tonne. Market uncertainties generated by the ongoing US-China trade war are compounding concerns over the expected lengthening of supply. NEW SUPPLY CONCENTRATED IN CHINA Four out of the five new PX projects due to come on stream this year in Asia are situated in China. Hengli Petrochemical’s massive 4.5m tonne/year plant in Dalian started up early in the year; while Sinopec Petrochemical’s new 1m tonne/year unit in Hainan and Sinochem Hongrun’s 800,000 tonne/year facility are expected to begin production in the third quarter. Zhejiang Petrochemical’s new 4m tonne/year PX facility in Zhoushan is scheduled to start up toward the end of the year. Once smooth commercial operations are achieved at these units, China’s reliance on imports will likely decline, as the increase in supply will outpace growth in downstream demand. In 2018, China imported a total of 15.8m tonnes of PX, more than 50% of which came from South Korea and Japan. Its annual PX consumption stood at around 26.4m tonnes last year, and typically grows at 6.0%. For 2019, this translates to an additional requirement of 1.5m tonnes of PX. Due to complexity of the new facilities, however, smooth commercial operations would take some time to achieve. Both Hengli Petrochemical, and Zhejiang Petrochemical have refineries that are fully integrated into PX production, with a maximum chemical yield facility configuration. Any delay in start-up plans of these huge capacities could be a boon to the PX market in the near term. DEMAND STEADY; US-CHINA TRADE WAR LIMITS GROWTH Downstream demand is steady in the key China market despite scheduled start-ups of major downstream purified terephthalic acid (PTA) facilities, as growth is being hampered by uncertainties amid the ongoing trade war between the world’s two biggest economies. Trial runs at Sichuan Shengda’s new downstream 1m tonne/year purified terephthalic acid (PTA) plant in Nanchong began on 22 May; while Xinfengming’s new 2.2m tonne/year unit is due to come on stream in the fourth quarter. Hengli Petrochemical is also expected to start up its new 2.5m tonne/year PTA unit toward the end of the year. PTA producers in China have been keeping their feedstock PX inventories low amid the ongoing US-China trade war, wary of possible heavy losses. Buying patterns for PX were largely on a need-to basis, with limited appetite for inventory building because of an unclear market outlook. The spread between PX and downstream PTA has been healthy, signifying positive margins, thus keeping demand for PX steady. Source: ICIS
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