After years of development, group buying is not new to consumers. Cost-conscious consumers often flock to group buying sites snagging the chances to get 30 to 70 percent off their favorite stuffs. And to maximize success, group buying organizers often set different rules or offer encouraging incentives to encourage repeat visits, such as buy-three-get-two-free and vouchers for next purchase, etc. Therefore, group buying can be a win-win mode for both the buyers and the sellers. Buyers can get their products at lower prices, and sellers can access to an expansive customer network to increase sales. Famous ones include Groupon, LivingSocial, BuywithMe, etc. But they all target for specific market and audience. When it comes to the import and export, group buying has contributed very little to the international trade. But there are potentials. As more and more e-commerce platforms are emerging around the globe, the information of the suppliers will become more open and transparent than ever. With these platforms, buyers can reach out to the manufacturers overseas without the middle man, and can get quality products at lower prices. Then, it may come to us that if we can gather all the buyers of the same product together, we may help them get bigger discounts from the suppliers. That is the major motive we have created ChemBnB, the group buying brand under OKCHEM. It is launched to gather the buying crowd of the same chemical products and help the purchasers get stronger bargain power. By offering the chemicals from renowned suppliers, ChemBnB can help the group buyers get high quality products at lower price. Pros of ChemBnB: focuses on the chemical raw materials group buying targets international trade audience provides flexibility for the type of discounts and the duration supports different deal models offers rich incentives and robust referral program helps with the delivery and quality disputes, etc. provides financial help to buyers who are lack of cash flow For those purchasers who want to get bigger discounts for their orders in the international trade, ChemBnB will definitely be a blessing for them. It can save a lot of bargaining time, and much more money. Currently, there are two chemical products available on ChemBnB, xanthan gum and TiO2, which adopt different group buying models. For TiO2, there is a limited amount of 500MT at a fixed price, but for xanthan gum, the price will lower with the number of buyers increases. Click here to find more details. More chemical products are to come! Related Articles: Rutile Titanium Dioxide Price in December Market Analysis of Xanthan Gum in December ChemBnB helps you save money when purchasing chemicals
Xanthan gum is a product of fermentation industry. It usually derived from a variety of sources such as corn, starch or soy. Xanthan gum was mainly used in the oil drilling industry in the early years, and only 30% of it was used for food. In 1970s, its main use has turned to food, accounting for 60%~70% of the total output. In 1969, FDA in the United States took the lead in approving xanthan gum as a food additive. In 1988, China also approved the xanthan gum as a food additive. According to the Canadian Health Ministry website, the authority issued notices and approved the uses of locust bean gum and xanthan gum in mincemeat. Uses of Xanthan Gum Xanthan gum is accepted as a safe food additive with E number E415. As thickener e415, 1% of the xanthan gum can produce a significant increase in the viscosity of a liquid. At the same concentration, the viscosity of xanthan gum is 100 times that of gelatin. Using xanthan gum in baking can make the pores in the product uniform and elastic, and help to keep the taste of water and soft, and prolong the storage period. This powerful thickening agent also has uses as a stabilizer to prevent ingredients from separating. It is very safe, so it can be used in all kinds of food. Xanthan gum is used in large quantities to thicken drilling mud in the oil industry. The wide use of horizontal drilling and the demand for good control of drilled solids make it popular in use. In November, in terms of production costs, a strong rise in corn in Northeast China. Xanthan gum is usually made by cornstarch. Due to the quality advantage and supply - related reasons, the price of corn in Northeast China has been rising. From the following data graph, there is an overall reduction of cornstarch weekly stock, and the corn weekly processing volume increases from September. From the downstream demand, the expansion of industrial corn consumption has become an important factor in the expansion of Chinese domestic corn consumption in 2016/2017. With the Chinese domestic corn acreage reduction and the continuous expansion of domestic corn consumption, the relationship between supply and demand of corn is changing in China. Will the xanthan gum rise in price next year? After analysis, it is possible to rise in price next year. And ChemBnB offers xanthan gum food grade and industrial grade for group buying price this time. ChemBnB is a group buying brand under OKCHEM. It can help the group buyers get high quality products at lower price. We can provide certifications and factory audit report, xanthan gum halal, etc. This group buying is avaliable now, and the deadline is Jan.12, 2018. The first 20 orders will get another $10/Mt off on the final price. Orders applied before Dec.29 will get another $5/Mt off on the final price. What are you waiting for? Get more discount rules at ChemBnB！ Related Articles: Rutile Titanium Dioxide Price in December ChemBnB helps you save money when purchasing chemicals
If you are a purchaser in a chemical company, you may need purchase small quantities of chemical raw materials. But as it’s a small quantity, you have to pay a price much higher than that of those who buy ten times as much as you. As for factories that have poor capacity in cross-border trade, because of the lack of customers, they usually lower the price in order to sell more products, otherwise their products will be backlogged. If there is a platform that can bring them together, both the buyers and the sellers can benefit from it. Buyers can purchase at lower prices, sellers can sell more products. And group buying websites can create win-win opportunities. ChemBnB is a group buying brand under OKCHEM. It is launched to gather the buying crowd of the same chemical products and help the purchasers get stronger bargain power. By offering the chemicals from renowned suppliers, ChemBnB can help the group buyers get high quality products at lower price. With over 20 years experience in chemical industry, OKCHEM has a good relationship with top-level chemical factories in China. For factories, OKCHEM is a reliable partner to cooperate with and they are more likely to offer more competitive prices. Through market research, OKCHEM selected qualified suppliers and products to organize chemical group buying activity. And OKCHEM will offer buyers one-stop purchasing service and will be responsible for delivery and quality assurance for the group buying products on ChemBnB. Now, there are two quality manufacturers selling their products on ChemBnB. Jianlong Biotechnology, the manufacturer of Xanthan Gum with FDA certificates, and Jinan Yuxing, the manufacturer of Titanium Dioxide with ISO9001 certificates. Both of the products are quite hot this year, and this is the first time they have been chosen for group buying. The buyers can really get big discounts on ChemBnB! Below are the guideline for you to understand and join in the buying crowd of either of the two products. Titanium Dioxide (MOQ: 20MT): Xanthan Gum: Besides the big discounts, OKCHEM will also offer various incentives and rewards for the group buyers. And more quality products will be coming soon. Please visit www.chembnb.com for details and join the buying crowd to get stronger buying power! Related Articles: Group Buying — How to Save More Money When Purchasing Rutile Titanium Dioxide Price in December
As a purchase manager of a chemical company, Tony paid $30,000 for 10 tons of Titanium Dioxide while Jimmy, who is Tony’s competitor, paid $25,000 for the same amount of Titanium Dioxide with same quality. Do you know why? As a housewife, Mrs.Smith spent $100 for a vacuum cleaner while her neighbor, Mrs.Jones spent $60 for a same one. Do you want to know why? Maybe you have never noticed about it but it is really happening in our daily life and becoming a trend——Customers are more likely to shop online and participate in group buying activities to get favored goods at lower prices. So, how much do you know about group buying? In 2000, Paul Allen started a website called Mercata under the financial support of Microsoft. It's a website on which customers make e-commerce deals. Shoppers would sign up together to buy the same product and the price they finally pay would reduce as the amount of signed shoppers increases. However, the website failed and was closed in 2001 due to the severe competition. But this move still contributed to the group buying. Today, group buying is very popular all over the world, especially in Asia, Europe, North America, South America, Australia and New Zealand. The interesting thing is that in India people like to buy real estate properties by group buying. Back in 2009, group buying was very popular among the Chinese factories when purchasing raw materials. Since then, group buying has spawned many different forms and has been highly sought after among customers in daily life (In China, people call it Tuángòu). When a product is under group buying, there would be a minimum purchase quantity or monetary amount set so that the vendor would allow the purchase. As wholesale price can be quite low but individuals always do not need to buy in bulk, group buying helps customers buy the same product with less money than before. Group buying is convenient but it requires a reliable organizer. The organizer should select qualified suppliers, then publicize the activity to ensure that enough people participate, and shall be responsible for the delivery and quality disputes. Back to the first question I mentioned at the beginning of this passage, how did Jimmy do that? Everyone who works in manufacturing field knows that if a buyer cannot buy raw materials in bulk, he has to buy it at a normal price, that is to say, he pays more unit price than those who buy in bulk. But things go different under group buying. In group buying, organizer collect the purchase demand of each participant and negotiate with the supplier for a wholesale price. So purchasers can buy the same products in a lower price. Now in OKCHEM , a Group Buying Service is on going on www.chembnb.com. ChemBnB is a group buying brand under OKCHEM. It is launched to gather the buying crowd of the same chemical products and help the purchasers get stronger bargain power. By offering the chemicals from renowned suppliers, ChemBnB can help the group buyers get high quality products at lower price. Related Articles: How can group buying help you in chemical trade? Market Analysis of Xanthan Gum in December Rutile Titanium Dioxide Price in December
OKCHEM news (December 7, 2017) l Amino acid price is looking up; Natural gas price increase with demand; Asia Major TiO2 enterprises are facing limited production; Biggest epichlorohydrin factory outbreak of fire Amino acid price is looking up Amino acids are organic compounds containing amine and carboxyl functional groups. They are the basic components of animal protein. The most common source of amino acids is intensive processing of corn. Small and medium manufacturers is facing a more severe environmental regulations, which add up the processing costs, in the short future, the price of amino acids are looking up. Natural gas price increase with demand Recently price of natual gas is rising with the increased demand and probably will keep at a high level in the following months. Commercial and residential demand is switching from coal to natural gas to comply to environmental regulations. In addition, infrastructure of natural gas is not well developed to fit the increasing demand. These are two primary contributes to the high prices. Major TiO2 enterprises are facing limited production In December, some major TiO2 enterprises in Panzhihua, Tonlin and Zhenjiang are facing limited production because of environmental regulation. Higher TiO2 prices from these major enterprises reflect the limited inventory and increase of raw material prices. However many smaller enterprises didn’t follow this price rise. If the production limit continues in short future, the price will probably increase. Asia Biggest epichlorohydrin factory outbreak of fire On December 4th, the biggest epichlorohydrin factory in Asia, Haili Chemicals, outbreak of fire. Epichlorohydrin is one of the major raw material in epoxy resin manufacturing. The outbreak may cause the increase of price in the downstream. Related articles OKCHEM News (December 1, 2017) OKCHEM News (November 15, 2017)
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Main Product: The fine chemical products of the company are mainly applied in the field as below: high intense sweeteners, including Acesulfame-K and Sucralose; Pharmaceutical intermediates, including Methyl Maltol, Pyridine Hydrochloride, Methyl/Ethyl Aetoacetate, and Flavorants including Ethyl Maltol and Methyl Cyclopentenolone. Basic chemical products mainly used in industrial field include Hydrogen Peroxide, Ammonia, Nitric acid, Sulfur acid, Melamine, Diketene and products used as fertiliser includes Carbamide and Ammonium Bicarbonde.
Main Product: Sodium Butyl p-Hydroxybenzoate, Enhanced Nipagin Sodium, Methyl p-Hydroxybenzoate, Butyl p-Hydroxybenzoate, isopropyl p-hydroxybenzoate
Main Product: ammonia-alcohol, urea, water soluble fertilizer, monomethyl amine, acetic acid, etc.
Main Product: Formic acid and formate, Phosphoric acid and phosphate , Yellow phosphorus and phosphide, Chemical reagents, Fine chemicals , Electronic chemicals, Food & feed additive