Market Analysis - Monthly Report - August, 2020 - Azithromycin
Overview of the Current Market Situation
In August, the price of Azithromycin remained stable at a high level. Price rose at the end of August because of exchange rate changing. In mid-August, some suppliers stopped production for maintenance, and the maintenance will last for one month. Therefore, the operating rate of suppliers has declined. Most suppliers still have no inventory and a backlog of orders. On the market side, the domestic trade market demand decreased. Demand in the foreign trade market has increased because of the continuation of the epidemic. The supply of upstream raw material Erythromycin thiocyanate is tight and prices are rising. Therefore, the price of azithromycin remained high and stable in August.
- Manufacturer Price and Production Situation Statistics
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 |
- Forecast of the Future Market Situation
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 |
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