Market Analysis - Monthly Report - May, 2020 -Tilmicosin Phosphate

Factory

Price Offer (USD/KG)

Change (from last week)

Plant Capacity

Taiyicin

37.5

Stable

About 1000mt/year

Lukang Pharma 

35.5

Decline

About 400mt/year

Qilu Pharma

37

Stable

About 300mt/year

Jiulong Hisince

34

Decline

About 400mt/year

Fangming Pharmaceutical

33.5

Decline

About 300mt/year

Heibei Tianxiang

35

Decline

About 300mt/year

Factor

Explanation

Trend

Factory operating rate, inventory and cargo situation

In June 2020, the factory operating rate will be normal, and the factory will have no backlog of orders.

Decline

Market demand

In June 2020, the international market demand will increase compared with May. But it is still in the low season of purchase.

Stable

Market sentiment

The price of tilmicosin phosphate showed a downward trend.In addition to customers with urgent needs, the rest will choose to wait and see.

Decline

Factory determination to raise prices

The price of TINYICIN is expected to remain high and stable, and other factories have tended to lower prices.

Decline

Upstream raw materials

The price of tylosin tartrate, the upstream raw material, has dropped, but it is still at a high level.

Decline

Industry event

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In conclusion

In June, the factory operating rate is expected to be high. The manufacturer expects no backlog of orders. Most factories can deliver on time. In the international market, the market demand in June will increase compared with May. Suppliers lack confidence in high-level pricing. Therefore, the price of tilmicosin phosphate is expected to decline slowly in June.

Decline