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Home > News > ECHEMI Analysis > Market Analysis - Monthly Report - November, 2020 - Azithromycin

Market Analysis - Monthly Report - November, 2020 - Azithromycin

2020-12-08

 1.Overview of the Current Market Situation

In November, the price of Azithromycin was stable, and the slight change was exchange rate fluctuations. In November, the expansion plans of various factories have been completed, and the goods are not as tight as in previous months. 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. The goods of Ningxia Qiyuan and Zhejiang nexchem circulate more in foreign markets. Hebei Guolong exports a large amount of azithromycin amine to the Indian market, so there is no stock. In terms of the market, foreign epidemics continue, so the demand for azithromycin has been stable. The upstream raw material is Erythromycin thiocyanate, which is in short supply and prices are rising. This product has already restricted the export volume, and India may be short of azithromycin. All in all, the supply and demand of azithromycin were relatively balanced in November, so the price has been high and stable.


Azithromycin

 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

 

Azithromycin production


Forecast of the Future Market Situation

Influential Factors

Overview

Price Trend

Factory operating rate, inventory and cargo situation

In December, the factory expanded its production capacity and stabilized production. The delivery time is no longer tight. There will be a small amount of inventory.

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

There are urgent customer needs, but the competition between suppliers will intensify.

Decline

Factory determination to raise prices

Some factories still want to insist on high prices, and some factories have expanded their production capacity and want to quickly occupy more markets. The final pricing level still has to be considered by the market.

Stable

Upstream raw materials

The price of Erythromycin Thiocyanate supply is tight, the price of Erythromycin thiocyanate will rise in December.

increase

Industry event

/

/

In conclusion

In December, The factory's production capacity expands and wants to quickly occupy the market, so the competition will become increasingly fierce. But the price of upstream raw materials rises, and the production cost of the factory will also increase. In addition, the overall market demand is also positive. Therefore, the rise and fall of the price of azithromycin in December is currently difficult to judge.

Stable

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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