It is reported that the market for methylamine hydrochloride is strongly reversed this year, leading to a serious shortage of manufacturers. According to the general manager of Guanlang, since the epidemic was lifted, the market has experienced 2-3 times of stock shortage, and guanlang biological has also shut down twice, mainly due to the shortage of raw materials. Methylamine hydrochloride is an important chemical raw material, which is mainly used in medicine, pesticide, fuel and other basic raw materials of organic synthesis and oil field. At present, the quality of products on the market is uneven, and some small manufacturers are shoddy, and the purity is even lower than 90%. Mr. Wang said that the standard content is required to reach more than 99%. So even though the market is out of stock, it’s not true that no one is selling. Most of them are selling low-purity products.
We are an enterprise specializing in the production of methylamine hydrochloride. At the same time, the group produces a variety of other chemical products, and the sales of methylamine hydrochloride account for 49% of the market share (data from foreign professional institutions). Because of this, guanlang biology is also one of the enterprises that have been affected recently. For the lack of raw materials, we will continue to follow up.