This week's price trends from Glowlit - October 26th 2020 (26.10.2020)
The global price of Vitamin B3 increased by 1.6% over the last week. The Lonza Vitamin B3 Swiss plant suspended production over the month of October, and the Nansha plant in China will suspend production for 8 weeks from around mid-September to mid-November.
Finding the Silver Lining (26.10.2020)
Every cloud has a silver lining. The origin of this phrase - which describes the opportunity to find something positive under the most negative of circumstances - seems to be John Milton's 1634 poem Comus.
This week's price trends from Glowlit - October 19th 2020 (19.10.2020)
The price of Biotin 2% continues its slow decline since reaching a peak in March due to COVID supply chain issues. Although the price is 78% lower than that peak, Glowlit interest in the product this week went down by 19%.
The Search for a Crystal Ball (19.10.2020)
"Crystal-gazing is a particularly refined art. I do not expect any of you to See when first you peer into the Orb's infinite depths." Sybill Trelawney, Harry Potter and the Prisoner of Azkaban J. K. Rowling
This week's price trends from Glowlit - October 12th 2020 (12.10.2020)
The price of Vitamin E50 has continued its decline this week by 4% compared to last week. Despite the calm in Asia following China's national holiday, Glowlit saw an 18% increase in interest for Vitamin E.
Working After the Kids Sleep 🧒 (12.10.2020)
My father started trading feed additives in the 1970s. I grew up hearing stories about those days, and they all revolved around one theme: back then everything took longer, but when the workday ended the workday really ended.
This week's price trends from Glowlit - October 05th 2020 (06.10.2020)
Price of Vitamin C 99% stayed flat in the last two months, the longest period of stability since February 2020. Vitamin C is now traded at the price it saw before the pandemic erupted around the world...
What Does the Fox Say? (06.10.2020)
Πόλλ᾽ οἶδ᾽ ἀλώπηξ, ἀλλ' ἐχῖνος ἕν μέγα. (The fox knows many things; the hedgehog know one big thing.) Archilochus, 650 BCE Not much has been saved from the writings of the ancient Greek poet Archilochus, though the above line from the parable of the fox and the hedgehog appears throughout a number of well-known cultural references.
This week's price trends from Glowlit - September 28th 2020 (28.09.2020)
Price of Folic Acid maintains it's 6 months decline, ever since a peak due to COIVD disruption to supply chains back in March. Vitamin B9's price is trading 12% below it's pre COVID low in the beginning of 2020.
Wikipedia Atonement (28.09.2020)
I struggled through my university Physical Chemistry course. The class was taught by a highly intelligent professor who might as well have been speaking a foreign language when lecturing. When I looked for additional resources to study, Wikipedia proved invaluable.
Map Versus App? (22.09.2020)
Years before founding Glowlit, I got my start in the industry working for a local distributor of animal feed. In those days, I would chart my route before visiting customers using one of those foldable maps that could be purchased at any gas station.
This week's price trends from Glowlit - September 21th 2020 (21.09.2020)
The price of Vitamin E50 has remained flat over the last two months, the longest period of stability since January 2020, despite the intent to increase prices by E50 producers. In a year of instability, buyers, sellers and distributors are cautiously gauging demand for E50 to plan their end of year supply chain.
Glowlit weekly price trends - September 14th 2020 (14.09.2020)
Spot buyers are paying 13% less for Vitamin B7 (H) Biotin 2% than they were just one week ago. We've seen a 35% decrease in user interest compared to the previous week. Spot buyers are paying 18% more for L-Threonine 98.
💰 The Millionaires' problem 💰 (13.09.2020)
A well known mathematical problem begins with a group of millionaires meeting over lunch (clearly a pre-COVID scenario). The group has a wonderful time, enjoying their food and drinks wholeheartedly. As they ask for the bill, one particularly cheeky member of the group proposes that the richest among them pay the bill.
To Infinity and Beyond! (07.09.2020)
The more volatile a market, the more likely it is to be described by one-sided generalities. Either it is a “buyer’s market” or a “seller’s market”. Inherent in these terms is the idea that one side wins while the other side loses.
Glowlit weekly price trends - September 7th 2020 (07.09.2020)
Spot buyers are paying 13% less for VITAMIN B3 NIACINAMIDE than they were a week ago. Buyers in Italy are paying as little as 6.04 USD per KG. The prices shown here are global. Click here (https://glowlit.
Camel 🐪 Tiger 🐯 hybrid (31.08.2020)
As the industry reemerges from the lull of summertime, for the first time we are entering an entirely different world. At the start of 2020, COVID-19 caught the world off guard. Now we are returning to our desks, whether they are in the office or our kitchen table, knowing full well that we are entering a different reality.
Pindrop Silence (24.08.2020)
August is generally regarded as a slow period across the industry. Automatic ‘Out of Office’ replies abound as sales and procurement managers depart for summer vacation, and product stock sits in warehouses a little longer than usual.
Just in Case 2020 (17.08.2020)
A hundred-year storm is defined as a weather event with just a 1% chance of happening in a given year. These days, the term is fairly devoid of meaning, with once in a hundred year floods ravaging cities every few years or even multiple times per year.
Of Cornered Markets (10.08.2020)
“There are bargains to be had, niche markets to be cornered and economies-of-scale to be achieved” Scott Hirsch Buy when the market is low, so the adage goes. It is a mode of thinking that drives the purchase of raw materials as much as the companies that produce them.