Citric Acid Monohydrate continues the rising trend since the end of last year and has increased by USD30. -/mt higher compared with the price before the Chinese New Year Holiday. This week's price is around USD920. - / mt FOB. This upward trend is expected to continue in the short term. Read More

The price of industrial grade sodium pyrosulfite is 1700 CNY / ton, which is 150 CNY / ton higher than that before the Chinese New Yer. The device operates normally and can receive new orders. Read More

The price of Sodium Bicarbonate was stable for the time being. On February 22, the average price in domestic market was 1496.67 CNY / ton. On February 21, the commodity index of baking soda was 99.34, unchanged from yesterday, down 18.36% from 121.68 (2020-10-21) at the highest point in the cycle, and up 12.54% from 88.27 at the lowest point on December 22, 2020. (Note: cycle refers to the period from September 1, 2020 to now). Read More

Formic Acid market prices declined slightly. Till February 23, the average quoted price of Formic Acid enterprises was 2600 CNY / ton, down 1.89% compared with the price before the Chinese New Year (February 10), down 1.89% compared with January 23, and up 33.33% compared with the same period last year. Read More

The main raw materials of Non Dairy Creamer(vegetable fat powder) are syrup, edible vegetable oil, emulsifiable powder etc. At present, the Non Dairy Creamer industry has developed into an important part of China's food industry, and has been widely used in the production and processing of coffee, milk tea, baked food, cereal and other foods. With the upgrading of consumption & the continuous improvement and upgrading of the production process, this industry is developing rapidly in the direction of scale and specialization. Read More

Till February 20,2021 the average price of Formic Acid enterprises was 2650 CNY/ton, which was the same as the price before the Chinese New year Festival (February 10) and that on January 20. As a three-month cycle and a year-on-year increase of 20.45%. After the festival, Formic Acid market as a whole maintained a stable price, downstream manufacturers purchase it on demand, overall wait-and-see. Read More