Market Analysis - Monthly Report - September&October, 2020 - Azithromycin
Annual Report - September, 2020
1.Overview of the Current Market Situation
In September, the price of Azithromycin rose. The main reason is exchange rate fluctuations. Throughout September, the delivery time of azithromycin was very tight. Due to the pressure of domestic medical insurance, most of the production capacity of major manufacturers is used to make up for the gap in domestic demand. Most manufacturers have no inventory. In terms of the market, the foreign epidemic situation continues, so there has been a steady demand for azithromycin. The upstream raw material is Erythromycin thiocyanate, and the price of its raw material methylene chloride has risen. To sum up, the price of azithromycin in September has been high and stable.
2.Manufacturer Price and Production Situation Statistics
Factory Name | Quotation (USD/KG) | Change (from last week) | Plant capacity |
GUOBANG | 128 | Stable | 500MT/YEAR |
CSPC | 126 | Stable | 500MT/YEAR |
HEC | 122 | Decline | 150MT/YEAR |
SHIXING | 122 | Stable | 300MT/YEAR |
QIYUAN | 123 | Stable | 200MT/YEAR |
GUOLONG | 122 | Stable | 200MT/YEAR |
TAIYICIN | 120 | Stable | 150MT/YEAR |
DONGFENG | 120 | Stable | 150MT/YEAR |
3.Forecast of the Future Market Situation
Influential Factors | Overview | Price Trend |
Factory operating rate, inventory and cargo situation | In October, the factory was producing normally, but there was delivery pressure. Delivery of new orders will be delayed. | Stable |
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. The factory expects prices of upstream raw materials to rise. Their delivery is also relatively tight. | Stable |
Upstream raw materials | The price of Erythromycin Thiocyanate supply is tight, the price of methylene chloride will rise in October. | increase |
Industry event | API Exhibition | increase |
In conclusion | In October, the factory was producing normally,. Demand remains stable. The price of upstream raw material erythromycin thiocyanate is expected to rise. Therefore, the price of azithromycin stabilized in October. | Stable |
Annual Report - October, 2020
1.Overview of the Current Market Situation
In October, the price of azithromycin fluctuated but was relatively stable. The main reason is exchange rate fluctuations. The delivery time of azithromycin was very tight throughout October, similar to the situation in September. Due to the pressure of domestic medical insurance, most of the production capacity of major manufacturers is used to make up for the gap in domestic demand. Other manufacturers export azithromycin amine in large quantities to the Indian market. So most manufacturers have no inventory. In terms of the market, foreign epidemics continue, so the demand for azithromycin has been stable. The upstream raw material is erythromycin thiocyanate, and the price of its raw material methylene chloride has risen. In summary, the price of azithromycin in October has been high and stable.
2.Manufacturer Price and Production Situation Statistics
Factory Name | Quotation (USD/KG) | Change (from last week) | Plant capacity |
GUOBANG | / | Stable | 500MT/YEAR |
CSPC | 124 | Stable | 500MT/YEAR |
HEC | 122 | Decline | 150MT/YEAR |
SHIXING | 122 | Stable | 300MT/YEAR |
QIYUAN | 123 | Stable | 200MT/YEAR |
GUOLONG | 122 | Stable | 200MT/YEAR |
TAIYICIN | 121 | Stable | 150MT/YEAR |
DONGFENG | 121 | Stable | 150MT/YEAR |
3.Forecast of the Future Market Situation
Influential Factors | Overview | Price Trend |
Factory operating rate, inventory and cargo situation | In November, the factory was producing normally, but there was delivery pressure. Delivery of new orders will be delayed. | Stable |
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. The factory expects prices of upstream raw materials to rise. Their delivery is also relatively tight. However, the international market reports that China's low-priced sources of goods are confusing. | Stable |
Upstream raw materials | The price of erythromycin thiocyanate supply is tight, the price of erythromycin thiocyanate will rise in November. | increase |
Industry event | / | / |
In conclusion | In November, the factory was producing normally,. Demand remains stable. The price of upstream raw material erythromycin thiocyanate is expected to rise. Therefore, the price of azithromycin stabilized in November. | Stable |
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