Market Analysis - Annual Report -April, 2020- Tylosin Tartrate

Factory Name

Quotation (USD/KG)

Change (from last week)

Plant capacity

LUKANG

27.8

Decline

200MT/MON

YAIYICIN

28.5

Decline

100MT/MON

QILU

/

/

120MT/MON

Influential Factors

Overview

Price Trend

Factory operating rate, inventory and cargo situation

In May, the factory operating rate was normal. It is expected that both TAIYICIN and LUKANG can ship on time. QILU is expected to resume quotation in early or mid of May.Traders still have some inventory to clear.

Decline

Market  Demand

The market demand is almost the same as in April. The international market is affected by the epidemic, and end customers cut production and stop production. Low demand.

Stable

Market Sentiment

Since late April, the market for tylosin tartrate has declined. In addition to urgent needs in the international market, most buyers are in a wait-and-see state.

Decline

Factory determination to raise prices

The manufacturer's low-price orders are expected to be delivered in May. There were few new orders in April. In summary, the factory is more likely to cut prices and take orders. However, manufacturers need to give traders a period of time to consume inventory, so prices should be confirmed before mid-May.

Decline

Upstream raw materials

The upstream raw materials are agricultural by-products, and its price fluctuations have little effect on tylosin tartrate.

Increase

Industry event

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In conclusion

In May, the market operating rate was normal. There will be a small amount of low-priced inventory on the market. International terminal customers and traders mostly focus on understanding the market. In order to clear domestic stocks, domestic producers will also stabilize prices at a high level for some time. The price of tylosin tartrate is expected to stabilize at a high level in May and then decrease slightly.

Decline