Market Analysis - Monthly Report - August, 2020 - Azithromycin

Factory Name

Quotation (USD/KG)

Change (from last week)

Plant capacity

GUOBANG

/

Stable

500MT/YEAR

CSPC

121

Stable

500MT/YEAR

HEC

121

Decline

150MT/YEAR

SHIXING

123

Stable

300MT/YEAR

QIYUAN

121

Stable

200MT/YEAR

GUOLONG

121

Stable

200MT/YEAR

TAIYICIN

120

Stable

150MT/YEAR

DONGFENG

120

Stable

150MT/YEAR

Influential Factors

Overview

Price Trend

Factory operating rate, inventory and cargo situation

In September, the factory operating rate will pick up. The overhaul of equipment from most manufacturers will end.

Decline

Market Demand

In the international market, due to the expansion of the epidemic, demand continued to rise. But the demand in China has decreased.

Stable

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 of the low operating rate

Stable

Upstream raw materials

The price of Erythromycin Thiocyanate supply is tight, prices will rise in September.

increase

Industry event

/

/

In conclusion

In September, the factory operating rate will remain normal. Demand remains stable. The price of upstream raw material erythromycin thiocyanate is expected to rise. Therefore, the price of azithromycin stabilized  in September.

Stable