Market Analysis - Monthly Report - May, 2020 - Paracetamol

Overview of the Current Market Situation

In May 2020, the price of paracetamol is stable, the main reasons are as follows
1.In May, the supply end received fewer orders, and the factory mainly focused on delivery. The current delivery date is in late July.
2.From the upstream raw materials, the main raw material for paracetamol in May, 4-Aminophenol, is currently stable in price. From the perspective of upstream raw material costs, paracetamol does not have
the possibility of a sharp rise.
3.On the downstream demand side, there is currently little demand in the downstream market, and customers are waiting for the factory to deliver early orders. The lack of downstream demand has caused the current price to not continue to rise.

Price Offer and Factory Operation

Market Forecast

In June 2020, the price of paracetamol is expected to remain stable in general, and the price of barrels is between 5.2USD / KG-5.3USD / KG. Before the factory orders are delivered in the middle of July, that is, there is no possibility of a substantial price reduction.