IPhEB&CPhI Russia 2018 waved goodbye to all of us last week, but ChemBnB is still working its way to say hello to the world. About IPhEB&CPhI Russia 2018 Held from April 11 to 13, the three day event attracted over 150 exhibitiors from 19 countries and more than 3100 visitors from 54 countries, and had offered all of the attendees a great opportunity to meet the key high-level pharma industry professionals under one roof. As the most comprehensive event in the industry,  IPhEB&CPhI Russia has helped many people initiate business and build partnerships by gathering the entire pharma supply chain in one location, including fine chemicals and intermediates, finished dosage, natural & herbal medicine, pharmaceutical machinery, packaging solutions, etc. ChemBnB revealed its charm in IPhEB&CPhI Russia 2018 At IPhEB&CPhI Russia, while many exhibitors were still doing business in their old ways and using various marketing methods to promote a limited range of products, our ChemBnB stood out from the crowd with a new business mode at booth 120. As the first professional group buying platform for chemical business, ChemBnB can gather the buyers of the same chemicals together and help them get the quality products at lower prices. To some sense, it is more like a kind of teamwork for the buyers, three are stronger than two, and two are better than one…all the buyers can enjoy bigger discounts for their orders on ChemBnB than each of them place order with the suppliers individually.  Therefore, everybody wins! During the show, some foresighted buyers had seen the benefits of ChemBnB group buying and registered  as users for future purchases, some had even applied the medical chemicals on  the spot. We also saw many Chinese suppliers in the show, and some of them have entered into the Russian pharma market for over two or three years. But it was hard for them to expand the market with their traditional trade mode, even though the market is still booming. When they saw ChemBnB, they showed great interests in group buying and wanted to become suppliers on our platform. As a professional chemical B2B platform, we are working very hard to help all the chemical buyers and sellers over the world to do business at one place. So, either you are a supplier or a buyer, if you have any requirements for group buying or any other new business modes, come to us and we will satisfy your needs.  

CPhI South East Asia 2018 was successfully closed last week. Held from March 27 to 29, 2018 at Jakarta International Expo, the three day event showcased all aspects of pharma, including pharmaceutical ingredients, machinery, equipment and technology, packing & drug delivery systems, outsourcing solutions, laboratory, analytical & biotech equipment. As the leading pharma solutions event in South East Asia, the show attracted more than 260 exhibitors and 5,000 pharma professionals from over 40 countries, and offered a great opportunity for business, learning and networking.   Indonesia is the largest economy in South East Asia, importing over 90% of the pharmaceutical ingredients it uses. The CPhI South East Asia 2018 had gathered all the key international players including Evonik, Colorcon, Bahrain Pharma, Clariant, etc and some new global exhibitors like Catalent, Croda, Tecnomaco, etc, under one roof to provide sourcing channel for pharma manufacturers in finding reliable suppliers and establishing business contacts for suppliers who are seeking to expand their market in the region. Among all these global players, OKCHEM differentiated itself at booth A30 by showing a new trade mode for the industry, the ChemBnB group buying It could gather the buyers of the same pharmaceutical raw materials in groups and offer these buyers very favorable prices from quality manufacturers. These group purchasers could get a strong bargain power and buy high quality products at lower prices. We also held a conference in the exhibition to introduce this brand new business mode to both the suppliers and buyers of the field. In this 30-minute seminar, many visitors had shown great interests about the ChemBnB group buying. According to the visitors’ feedback, chemical group buying in the industry was quite new and worth trying for both the buyers and sellers. Some audiences also came to our booth after the presentation, looking forward to applying their pharmaceutical materials in the future when they are available online, and the future cooperation. If you are also interested in the chemical group buying, please click here to know more details. All the buyers and suppliers will be welcome.

Food Ingredients China 2018 was definitely an ultimate taste feast for all the visitors. With various food ingredients, natural extracts, and flavors gathered under one roof, the big event had stimulated our taste buds, and awaken our gastric fire. We could even make business while we drank and ate, what a pleasure! Held from March 22 to 24, 2018, the three day party has finally come to a successful end. And let’s take a look back at the 22nd China International Food Additives and Ingredients Exhibition (FIC 2018). Main Figures With the exhibition area of 116,000 sqm, increased by 10% compared to last year, the grand show in the food and beverage industry welcomed 1,408 domestic and overseas exhibitors crossing 5 continents from over 70 countries and regions, and tens of thousands professional visitors.   Highlights and Eye-catchers Three themes to showcase abundant exhibits in every area of the industry Three themes included food additive and raw materials, food processing machinery and equipment, food production technology. Diverse products in the show included 23 categories of food additives, 35 categories of food ingredients, 14 categories of food processing aids, enzyme, new food raw materials (new resource food), food and medicine processing machinery, food packaging and filling machinery, food detecting machinery and technology. Five separate pavilions to help to build a professional and efficient exhibition Hall 5.1 overseas pavilion Hall 5.2 comprehensive products zone, Hall 6.2 flavors, fragrances & condiments zone, Hall 6.1 machinery and food safety testing equipment zone, Hall W natural products, extracts, functional ingredients and health care food zone Three prestigious summit forums and 45 high level seminars to bring you to cutting-edge technology in zero-distance. The CFAA have hold three summit forums on the industry, i.e. Japan-Korea-US Regulation and Standards Forum, Academician Forum on Innovation and Development of Food Industry and Made in China 2025-Summit on Promoting the Food Industry by Machinery and Equipment. Audience had got a chance to listen to the views of the tip-notch experts and interact with authoritative experts. The new products & technologies release conferences had demonstrated the latest researches and innovations. OKCHEM at booth 52B09 As a leading chemical B2B platform, OKCHEM was present at booth 52B09 with a wide range of quality food additives and ingredients for group buying. In the exhibition, ChemBnB group buying has demonstrated to the visitors a brand new trade model for the industry. Instead of inquiring every supplier to get the most favorable price, ChemBnB can gather the buyers of the same products in groups and help them get stronger bargain power and get bigger discounts from the top-notch suppliers. In the show, many overseas visitors have shown great interests in group buying and had tried the new purchasing mode. Some of them saw their expected products on ChemBnB, and even applied the group buying on site. According to our survey, more than half of the visitors said the new mode was innovative and practical, and would like to receive the updates on ChemBnB. The 23rd Food Ingredients China FIC 2019 will be held at National Exhibition & Convention Center from March 18 to 20, 2019. Save the dates for the grand event, and we’ll see you soon!  

Expo ANTAD & Alimentaria Mexico is an international business platform where the visitors can discover new products and new suppliers, learn new opportunities and relationships, and experience the potential of the Mexican market with F&B consumption set to rise by 15% during the 2017 to 2020 period. Held from March 6 to 8 at Expo Guadalajara, the Expo ANTAD & Alimentaria Mexico 2018 was closed successfully last week. More than 1,900 exhibitors from Mexico and the world had met at a showing area of 55,000m2. As one of the leading chemical B2B platforms in China, OKCHEM also attended the show at booth 0505-EC+0507-EP and had differentiated itself from all other exhibitors with its latest inventions for the industry. LiveExpo, a bridge to match and connect the suppliers and buyers in the exhibition, had made its debut in the event. About 60 suppliers and buyers in the exhibition have tried it and most of their supplies and buying requests have been matched. It could largely improve the exhibition efficiency by automatically matching the results and sending the matched result to the user with SMS. Though it was the first time that LiveExpo had been exposed to the public, its values were well received by both suppliers and buyers. Another highlight at our booth was ChemBnB, the NO.1 group buying platform for chemical transactions in China. It’s launched to gather the buying crowd of the same product together and help the buyers get stronger buying power in groups. Buyers can buy quality products from renowned suppliers at lower price. Most of our visitors had shown great interests in group buying. And after realized the power of the buying groups and the attractive price from the quality suppliers, many of them had registered on the ChemBnB and even recommended it to their partners and friends. One customer had already applied one of the ongoing food additives on site, others wanted to subscribe the product info to get our timely notice when the new products are available for group buying. In this three-day event, ChemBnB had greatly improved its brand awareness. The head of the economic department of the SORONA government came to our booth and looked forward to our further cooperation on B2B platform. Besides, we had also built a WhatsApp chat group, you can still join us after the show to discuss your needs and find the solutions.

Looking for a platform where you can eat, drink and do business at the same time? Then the Food Ingredients Russia is definitely the right place for you to go. It is the largest specialised business event in Russia dedicated to ingredients for all types of food productions. Participators can have an opportunity to showcase their latest technologies, and present their products and services in a short space of time; and visitors can see, compare and find the best solutions for their needs. Held from the 27 February to 2 March 2018 in Moscow, Crocus Expo IEC, the four day event has been successfully concluded today. Have you found the exact recipe for your food and beverage? In the show, we found out that more than 50% of the visitors have shown great interests in the ingredients to modify the food taste and flavour, ingredients to increase the shelf life, and ingredients to modify the structure, texture, physical and chemical properties of the products. Most of the exhibitors only provided one or several of the products, so it might be time consuming if you need to find several different ingredients. Then, a product library could help you out. OKCHEM, as a leading chemical B2B platform, has shown up at at booth A237 (Pavilion 3 Hall 13) with a wide range of ingredients from the top notch suppliers in China, and a series of customized services for your chemical trade. It has attracted about 300 visitors in the show. And almost 60% of them have shown great interests to our ChemBnB, the first chemical group buying brand in China. Based on our survey, 85% of the visitors said group buying was a great idea in the chemical trade, and could be a cost effective way for the international import & export. Buyers could buy these high quality products at lower cost by applying online together. 45% of these visitors said they would like to try the group buying if there were products online from their trusted suppliers. Besides, we have noticed that about 10% of the visitors had issues on the cross-border disputes and another 30% of visitors had the financial needs in the international trade. If they were confronted with these cross-border disputes, they had no idea what to do. So, our I.Q. MiniOffice has also attracted their attentions. We had staffs with over 20 years experience in the chemical trade, so we could provide professional services in every aspect of the trade, from searching potential suppliers, searching Chinese importers (buyers), factory audit, to help with cross-border disputes. All of these services can be customized to your exact needs. As to the financial needs, we have introduced them our I.Q.Credit Loan, a featured financial service with the credit term varying from 60 to 360 days. This service was well received in the show. If you did not come to our booth or failed to make it for this event, you can contact us at info@okchem.com for further details

Interlakokraska is a trade show with over 20 years of history. And the 22nd edition of the Interlakokraska International Exhibition for Paints and Coatings, Raw Materials, Equipment and Technologies has just come to an end. Running from Feb.27 to Mar.2, the four-day event has gathered about 250 exhibitors from 27 countries, and more than 10,000 professional visitors from 45 countries together in an exhibition area of 3,800 square meters. OKCHEM, as a leading chemical B2B platform in China, also attended the big event and showed at booth FA117 with quality paint & coating raw materials and a series of featured services for the chemical trade. In the exhibition, our chembnb, the first chemical group buying brand in China, has attracted attentions from our visitors. They said it was quite innovative in the industry, and most of them said they would like to purchase the paint materials through group buying if the products they needed were online. Besides, we have also built a group on WhatsApp and have demonstrated the features to our customers, and many of them have shown their interests and have joined in. In the group, they could talk about the exhibition, seek for help and post their buying requests. Now, we’ve got about 117 professional members in the group. If you are working in the paint & coating industry and interested in chemical group buying, then you can also join us.  We will keep this group in the future, and talk about the latest development in the industry, the market trend, and the products available for group buying. We have received about a hundred visitors on the first day, and the whole show was a great success. We’ve not only known our customers’ requirements but also brought them the solutions. “Russia is a rapidly developing country, and we’re very interested in this market. Though this is the first time I’ve participated in the trade show, I found it’s really amazing, and I’ve reached to several potential customers in the show and deeply known their requests which will surely drive us forward and do much better.” said Ms. Gloria Kong, marketing director from OKCHEM.    

  In February, titanium dioxide (TiO2) market ushered in a big wave of price adjustments. Since 2018, nearly twenty Chinese domestic enterprises have have announced an increase in the price of titanium dioxide by 500~1000 yuan / tonne. As a result, titanium dioxide spot prices on a free on board (FOB) basis were assessed higher in the week. The stock of titanium dioxide enterprises in China is tense at present, with the demand season comes after the Chinese Lunar Spring Festival, the price of titanium dioxide in the leading enterprise is expected to rise. And there are reasons for the firmer spot prices: Firstly, the Chinese yuan has appreciated sharply against the US dollar since late 2017. The continuous appreciation of the Chinese yuan reduce the profits of Chinese sellers in the export market, so they turned to the domestic market for selling. Secondly, tightening inventories in China market at present. With the constant strictness of Chinese environmental protection, the main titanium dioxide production enterprises have ushered in output cuts or close, and then cause the situation of the tight stock of titanium dioxide in China. Thirdly, the price gap between sulphate and chloride-based TiO2 pigments has been widen over the last few months. Thus, many sulphate-based TiO2 producers seeking price increments to close the gap with chloride-based materials. With the end of the Lunar Spring Festival (February 21st), there soon will comes the peak season for production in China and many regions in Asia in the coming months. A consensus in the industry is that titanium dioxide will have a better market until May this year. Supply fundamentals are unlikely to have any significant changes in the short term. Due to the low winter season in European market, supply is slightly more relaxed for standard grade titanium dioxide. And some buyers reflected that supply of standard grade TiO2 is sufficient, but some believe this may be temporary. It is expected that the healthy demand will be further increased as peak demand is realised during the US spring paint and coatings season in the second quarter.   Read more An Overview of Titanium Dioxide Market (February 9th) An Overview of Titanium Dioxide Market (February 2nd)

  Titanium Dioxide Market in China In February 7th, Chinese leading producer of TiO2 pigments Lomon Billions announced the price increase. It was decided that from now on, the sale price of all kinds of titanium dioxide is up 500 yuan per ton for domestic customers on the basis of the original price; for international customers the chloride based titanium dioxide is up 200 US dollars per ton, and sulphate based titanium dioxide is up 150 US dollars per ton. There are some reasons for this time price hike: 1. The recent environmental output cuts and natural gas and other major energy prices rise, the company's leading products of titanium dioxide costs increased significantly; 2. The market demand is exuberant and the rapid decline in stocks; 3. The impact of the continuous appreciation of the strong Chinese yuan against the US dollar. In February, the price market of titanium dioxide in China came to a wave of price adjustment. Nearly 20 manufacturers increased 500-1000 yuan per ton. Titanium dioxide industry insiders said that the international demand is vigorous, the Chinese environmental protection high pressure is not reduced, and low new capacity are the continuous boosters for the price rise of titanium dioxide industry. After the Chinese Lunar New Year holiday (14 February to 21 February ), there will comes the production peak soon. It will also promote the sales enthusiasm of the titanium dioxide market. A consensus in the industry is that titanium dioxide will have a reasonable market until May this year.   Titanium Dioxide Market in Europe The European titanium dioxide (TiO2) market is affected by delays and supply limitations in some cases this week. Due to less new production capacity in 2018, as well as high season expectations, this could lead to a firmer sentiment in Q2. The capacity utilization of international giants has almost reached its limit, and the stock has declined gradually, in additional to over 20% enterprises in China are facing greater environmental pressure and the 85% start rate is almost the limit level, spot prices are holding relatively stable. Buyers keep a close eye on Chinese market, but there are some delays in deliveries, lengthy lead times and supply constraints, depending on some sellers and for certain TiO2 grades. With the peak demand for paints and coatings in spring may continue some tightening in the market. And some buyers recently has built stocks or import availability from China or seek alternatives.   Read more An Overview of Titanium Dioxide Market (February 2nd) An Overview of Titanium Dioxide Market (January 26)

Europe’s printing ink grade TiO2 supply remained tight last week. Some European buyers turned to China to source printing ink grade TiO2 to offset the demand. As it is not affected by any seasonal, the demand is strong. And the prices from China is competitive now. Because the continued price rises in the European titanium dioxide (TiO2) market, TiO2 buyers have faced increasing cost pressure, which has impacted their profitability. Saudi Arabia regulatory officials approved the proposed Tronox acquisition of Saudi-based TiO2 producer Cristal last week.     European TiO2 contract prices have been adjusted accordingly. There are sulphate based and chloride based TiO2. The price of titanium dioxide in China has always had its advantages, especially Sulphate-based TiO2 in China. Sulphate process TiO2 in China per ton is about 10 thousand yuan cheaper than chloride process TiO2 abroad, this attracts many foreign customers to purchase from China. These customers are mainly concentrated in countries such as India, South Korea and Brazil. Chinese titanium dioxide (TiO2) spot prices were firmer last week, as producers sought higher prices owing to a strengthened Chinese currency. Also the environmental output cuts in China. Before the Chinese Spring Festival holiday (in the middle of the month), the storage and stock of channels and terminals shifted the inventory of producers, and the inventories of manufacturers were not large. Most of them made price plans according to their inventory conditions. Chinese producers were seeking to implement price hikes of around $100/tonne in the near term, but these increments have yet to be pushed through to buyers. Meanwhile, Q1 2018 contracts have largely been settled up, as overall tight global supply levels and firmer prices discussed in Europe and US supported a new round of price hikes. Many producers in China suddenly announced a rise in price these days, and these manufacturers adjusted the price according to their own stock. But price hike or be interrupted by the Spring Festival, whether there will has further hikes after the Chinese Lunar New Year?   Read more: An Overview of Titanium Dioxide Market (January 26) An Overview of Titanium Dioxide Market (January 19)

Because of some underlying supply limitations, the prices of European titanium dioxide (Tio2) have largely increased. Double digit or even triple digit rises were largely heard for the first quarter. And there are many factors for this firmer price tendency, such as Venator’s extended output disruption of Pori plant, the increasingly attractive Chinese imports for sulphate based TiO2, low stock, market demand, exchange rate, and so on. In china, because of the weather and snowfall, titanium dioxide began to rise in price ahead of time. Since TiSea announced a rise in price in January 9th, there is total of six companies have announced price hikes until January 26th. At the beginning of 2018, many international titanium dioxide enterprises have raised their prices. In 2017, China titanium dioxide trade market showed a vigorous situation, the main reason is the rapid rise in demand for titanium dioxide in India, Indonesia, Brazil and other countries.     But there are difference between sulphate based and chloride based Tio2. The low-end is typically reflective of sulphate based Tio2, while chloride based product is the upper end. Import sulphate based TiO2 is becoming increasingly attractive during January, although the ongoing Chinese environmental protection policy, import sulphate-based TiO2 from China is available now. Buyers are paying close attention to imports from China. The demand for the first half of this year is expected to be healthier than usual. The spot prices of Chinese titanium dioxide were kept stable and even rises. Besides, the Chinese yuan against the US dollar exchange rate is rising, this provides support to Chinese export cargoes in the weeks ahead. And OKCHEM anticipate that Chinese manufactures are likely to push for hikes as the price gap between Chinese exports and other international suppliers continues to widen. With the increase of the demand for titanium dioxide globally, the production of titanium dioxide is difficult to keep up for a time, 2018 may continue the situation of 2017.   Read more An Overview of Titanium Dioxide Market (January 19) An Overview of Titanium Dioxide Market (January 12)