Market Analysis - Monthly Report - June, 2020 - Azithromycin

Factory Name

Quotation (USD/KG)

Change (from last week)

Plant capacity

GUOBANG

/

Stable

500MT/YEAR

CSPC

137

Stable

500MT/YEAR

HEC

128

Stable

300MT/YEAR

SHIXING

132

Stable

300MT/YEAR

QIYUAN

135

Stable

200MT/YEAR

GUOLONG

125

Stable

200MT/YEAR

DONGFENG

123

Stable

150MT/YEAR

Influential Factors

Overview

Price Trend

Factory operating rate, inventory and cargo situation

In July, the factory operating rate is expected to be normal, but there will still be a large backlog of orders and no inventory.

Stable

Market Demand

In the international market, due to the expansion of the epidemic, global demand continued to rise.

increase

Market Sentiment

Prices are currently high, and customers generally do not make inventory. Most are timely purchases when there is demand.

Stable

Factory determination to raise prices

The factory will continue to maintain high prices. Because the current market situation is that supply less than demand.

Stable

Upstream raw materials

The price of Erythromycin Thiocyanate, the upstream raw material, remained high and stable. And supply is tight, prices will rise in July.

increase

Industry event

/

/

In conclusion

In July, the factory operating rate will remain normal. Demand in the international market continues to rise. The output and export volume of the Indian market will also be affected by the epidemic. The price of upstream raw material erythromycin thiocyanate is expected to rise. Therefore, the price of azithromycin stabilized or increased in July.

increase