Market Analysis - Monthly Report - June, 2020 - Sulfamonomethoxine Sodium

1. Overview of the Current Market Situation

In June 2020, the prices of individual manufacturers of sulfamethoxine sodium declined, and the overall market demand was not strong, as follows1.On the supply side, at present, all factories have stocks, spot supply, and supply is not tight.

1.On the supply side, the three factories are currently in stock, and manufacturers have sufficient supplies. Near the low season, the factory will stop production and maintenance from mid-July to mid-August, when the supply-end inventory is insufficient, if there is a need, please make inventory in advance.

2.On the downstream demand side, inventory digestion was strong in the first two to three months. At present, demand is slowly recovering and demand is picking up.

3.In June, the willingness to supply orders was obvious, prices fell, and the market had the right to speak.

1. Factory capacity

1. Market Forecast for Next Month

In summary, it is expected that before the factory is shut down for maintenance in July 2020, the price will continue to run at a low level, and customers who have just needs or need to hoard goods can start this period.