SODIUM GLUCONATE BULLISH PRICE

In the domestic corn market continue to rise in the same time, the Department learned from each processing enterprises, factories recent acute shrinking profits, some SMEs represent survival difficult. Sodium gluconate is mainly used for the production of the construction industry as a retarder. Corn roughing affected to produce corn starch, for example, according to 2.34 yuan / kg of corn prices, the cost per ton of starch has reached 3,500 yuan, and now the market price of corn starch is less than 3,100 yuan, even if the count corn distillers grains, corn germ oil by-product revenues, earnings and almost no space, and even some companies have begun loss. Since the beginning of the second half of last year, corn prices caused by the gross profit margin in the fourth quarter of sodium gluconate reduced by 7 percentage points, the material cost pressures forced the price of sodium gluconate rose 500 yuan / ton in the fourth quarter, and rose to 10.4%. Therefore, concrete network is expected, with the advent of the season as well as raw material prices continue to rise, the Portuguese prices are expected to continue to rise in sodium.

Superplasticizer and retarder compound used to solve slump loss has been generally accepted industry sectors. Sodium gluconate is used today in a wide retarder, combined use with superplasticizer retard the setting time of concrete, reduce slump loss and improve the strength of concrete. With the arrival of summer, the peak of the sodium gluconate market again soon, for the recent sodium gluconate market, China Concrete Network statistics show that since 2011, sodium gluconate prices continued to rise, in December 2009 the average price of sodium gluconate about 3900 yuan / ton, while the end of 2010, superior grade sodium gluconate market average of 5,000 yuan / ton, rose to 28.2% in April 2011 to a superior level of sodium gluconate price is 5500 yuan / ton, up to 10% again. The main cause of the recent price increases sodium gluconate that upstream raw corn prices high. According to the U.S. Department of Agriculture released analysis report, the U.S. Department of Agriculture estimates China's corn demand is expected to increase this year and next Chinese corn demand will increase by 13%, much higher than previous market forecasts, the U.S.Department of Agriculture also said thatChinawill spend large-scale maize stocks to meet the increasing demand. The past two years, under the influence of global climate disaster, global corn stocks are significantly reduced, while Chinese import demand is clearly rising. Our recent soaring prices, raw material of corn as food price increases very rapidly, in April 2011 the price of corn is about 2050 yuan / ton float, representing a rise of around 8%, and as of mid-June, corn prices rose to 2250 yuan / ton, compared with April and rose by 9.8%. In the first half of our Portuguese sodium decreased, customers come to buy also picked the right time. This week since the arrival of the peak of summer, the Portuguese sodium prices were rising trend. We will change the market for, subject to adjustment in the price, also welcomed the new and old customers come to inquire purchase. In addition, selling naphthalene sulfonate formaldehyde condensation products of some kind this year, the price is now basically the lowest point, if there is enough space, you can consider some of the goods stored to prevent the later need when prices rise.