Market Analysis - Monthly Report - May, 2020 - Tylosin Tartrate
Overview of the Current Market Situation
In May, the price of tylosin tartrate remained high and stable. At the end of the month, the price dropped because of exchange rate changes. This month, the three core factories are in normal production. The factory has no inventory. Overall, the delivery time is tight. TAIYICIN can deliver on time. LUAKNG will deliver the goods two weeks after confirming the order. The delivery time of QILU is expected at the end of June. In the international market, companies that stopped production due to the epidemic gradually resumed work. But the market needs time buffer, and a small amount of inventory needs to be consumed. Department customers are busy recovering funds, and there are not many new orders. Therefore, the price of tylosin tartrate was stable at a high level in May.
Manufacturer Price and Production Situation Statistics
|
Factory Name |
Quotation (USD/KG) |
Change (from last week) |
Plant capacity |
|
LUKANG |
27.5 |
Stable |
200MT/MON |
|
YAIYICIN |
28 |
Decline |
100MT/MON |
|
QILU |
27.5 |
Stable |
120MT/MON |
Forecast of the Future Market Situation
|
Influential Factors |
Overview |
Price Trend |
|
Factory operating rate, inventory and cargo situation |
In June, the three core factories are expected to produce normally. The factory has no inventory. Overall, the delivery time is tight. There is a backlog of orders in the domestic market. |
Stable |
|
Market Demand |
In the international market, June was the off-season of previous years. Therefore, the bad market caused by the epidemic will not recover soon. |
Decline |
|
Market Sentiment |
The market for tylosin tartrate has a downward trend. 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 factory's orders in June are almost full. The pricing is expected to be high and stable. But the order price is estimated to be low. |
Stable |
|
Upstream raw materials |
The upstream raw materials are agricultural by-products, and its price fluctuations have little effect on tylosin tartrate. |
Stable |
|
Industry event |
/ |
/ |
|
In conclusion |
In June, the factory produced normally. There is an order backlog and no inventory. In the international market, demand is low. Product pricing is high and stable, and order prices are expected to be low. The price of tylosin tartrate in June is expected to stabilize or decline slowly. |
Decline |
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