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

Factory

Price Offer (USD/KG)

Change (from last week)

Plant Capacity

Taiyicin

34.5

Decline

About 1000mt/year

Lukang Pharma 

34

Decline

About 400mt/year

Qilu Pharma

34

Decline

About 300mt/year

Jiulong Hisince

33

Decline

About 400mt/year

Fangming Pharmaceutical

33

Decline

About 300mt/year

Heibei Tianxiang

33

Decline

About 300mt/year

Factor

Explanation

Trend

Factory operating rate, inventory and cargo situation

In July 2020, the factory operating rate will be normal, and the factory will have no backlog of orders.The factory will have more inventory

Decline

Market demand

In June 2020, the international market demand will   remain bleak.But it is still in the low season of purchase.

Decline

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 is already at a low level, but the market situation is not good, and the factory cannot do anything.

Decline

Upstream raw materials

The price of tylosin tartrate, the upstream raw material, will be dropped.

Decline

Industry event

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In conclusion

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

Decline