Market Analysis - Annual Report -April, 2020- Sulfamonomethoxine Sodium

Analyst : Steven

1.Overview of the Current Market Situation

In April 2020, the price of sulfamethoxine sodium generally remained stable, as follows

1.On the supply side, Henan Houyi Pharmaceutical Co.,Ltd. mainly delivered pre-orders in April. Domestic and foreign trade orders have been delivered one after another, and it is expected that the supply shortage will be eased in mid-May. The other two factorys, Jiangsu Tianhe Pharmaceutical Co.,Ltd. and Wujiang Bolin Industry Co.,Ltd. These price is higher than Houyi Pharmaceutical Co.,Ltd., and the delivery time is about one week.

2.On the market demand side, sulfamethoxine sodium is the main market in Vietnam,the weakening of demand in April was mainly due to the fact that most orders were in February and March. At present, customers in the Vietnamese market are mainly waiting for delivery.

3.The upstream supply of sulfamethoxine sodium is currently stable and there is no possibility of rising again.

2.Market Forecast for Next Month

In summary, it is expected that in May 2020, production and delivery at the factory will gradually become normal, the market has a large right to speak, and the factory has a small right to speak. The price is stable in May.