Market Analysis - Monthly Report - June, 2020 - Florfenicol
Overview of the Current Market Situation
In June 2020, the price of florfenicol dropped significantly, and the market demand was insufficient. The details are as follows.
1.Market: The demand in the downstream market is slowly recovering, supply exceeds demand, and the market wait-and-see attitude is dominant.
2.The output of the factory side overflowed, and the supply exceeded the demand. Each factory fought a price war and prices plummeted.
3.The factory began to stop production and maintenance in mid-July, customers with production needs please prepare the inventory in advance.
4.From a vertical point of view, the current US dollar price of florfenicol has been the lowest in the past three years, and the price will not fall unrestricted. Please seize the opportunity to stock up.
2.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 |
Each factory is basically in stock, and the pressure to digest inventory is high. |
|
Market Demand |
Market demand is slowly recovering, most customers are mainly on the sidelines, and the market has a large say. |
|
Factory Mentality |
At present, the factory is under great sales pressure, and orders are cut for prices. |
|
Upstream Raw Materials |
D-P-METHYL SULFONE PHENYL ETHYL SERINATE (CAS:36983-12-7) ester, an important raw material for florfenicol, is expected to be lowered in the next step. |
In summary, it is expected that in July 2020, the price of florfenicol will continue to fall, and the price is expected to hover between 50~51USD/KG, and there will be no increase. However, it should be noted that the period before the factory stops production is a good time to store goods at a low level. Customers who have just needed or plan to stock up should prepare for stocking in September.
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2026-06-27
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