Market Analysis - Monthly Report - May, 2020 - Florfenicol
Overview of the Current Market Situation
In May 2020, the overall price of florfenicol showed a downward trend, as follows
1.Poor market demand, the overseas market is currently affected by the COVID-19. Although the Southeast Asian market continues to resume production. However, the world has not yet fully recovered, and the market inventory digestion cycle is slow. At present, the market mainly focuses on the early digestion of inventory.
2.Factory-side delivery is not so tight, pre-orders have been delivered one after another, and there is currently much room for bargaining on actual price.
3.From the perspective of the whole year, June-August is the off-season of florfenicol's market. The lack of downstream demand has increased the sales pressure on the factory side.
Factory capacity
|
Factory |
Capacity |
Market |
|
ZHEJIANG KANGMU PHARMACEUTICAL CO.,LTD |
1100 MT |
Kangmu's API has good quality, large market share and high acceptance. They are mainstream manufacturers of florfenicol. The factory basically does not directly conduct foreign trade, and most of them are through traders. |
|
ANHUI LIBERTY PHARMACEUTICAL CO.,LTD |
1500 MT
|
LIBERTY’s API, the main market is in South America, other markets will supply according to the actual output of the factory |
|
Jiangsu Hansyn Pharmaceutical Co.,LTDPharmaceutical |
1000 MT |
Hansyn's API has very good quality, but the general price is higher than other similar products. |
Market Forecast for Next Month
|
Factor |
Explanation |
|
Inventory |
At present, manufacturers have little inventory pressure, and early orders have been delivered one after another. After June, orders are small, and subsequent inventory pressures are large. |
|
Market Demand |
Poor market demand, mainly pre-digested inventory has been digested. |
|
Factory Mentality |
Although the factory side still wants to maintain high prices, the downstream market has poor demand, the prices have been loosened, and the real single bargaining room |
|
Upstream Raw Materials |
D-P-METHYL SULFONE PHENYL ETHYL SERINATE (CAS:36983-12-7) ester, an important raw material for florfenicol, is currently stable in price, and D-ethyl ester determines the cost line of florfenicol. |
In summary, it is expected that in June 2020, the price of florfenicol will continue to fall, and the price is expected to hover between 54.5-55 / KG.
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2026-07-31
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