Veterinary Products Market Analysis

The Veterinary Products Index（VPI）has increased to 89.53 on July 25th, and it will continue to increase in the future. The veterinary products’ market volume is stable, which gains high attention from traders. The mainstream products are still in short supply and that may become a normal trend in this “ Dog Days”. Neomycin Sulfate, Doxycycline HCl, Florfenicol, Tylosin, Tilmicosin, Erythromycin Thiocyanate, etc., keep increasing all the time, and the average price for these items will have a upward trend with the consumption of the inventory in earlier time; the market of Penicillin, Amoxicillin, Gentamycin Sulfate, Colistin Sulphate, etc. keep steadily in the early period.

Broad-spectrum Antibiotic Penicillin Series:

Penicillin Industrial Salt ----- It shows a stable situation and the market price index remains steadily.

Amoxicillin ---- It does not gain a lot of attention by the market, the market price index remains stable in a narrow range.

Amphenicol Series:

Florfenicol ---- The mainstream manufacturers are still in short supply. The market price index keeps raising with the consumption of the inventory in earlier time, which leads to the increase of the price of preparations for this kind of items. Need to pay close attention to it.  

Thiamphenicol ---- The mainstream manufacturers are in tense supply, the price remain high and stable.

Tetracycline Series:

Oxytetracycline/ Oxytetracycline HCl ---- The market price continues to rise, production supply is limited. With the consumption of the inventory in earlier time, the purchase quantity and market price index keep going up. Need to pay attention to it.   

Doxycycline HCl ---- Trading volume is constrained by production supply and upstream raw materials. Mainstream manufacturers meet environmental standards but lack of production capacity, which leads to the enlargement of market gap. The market price index keeps going up. Need to pay high attention to key items.   

Macrolides:

Erythromycin Thiocyanate ---- Under the strict inspection of environmental protection organizations, mainstream factories suspend business for rectification. The trading volume keeps actively with a high average transaction price. The market price index keeps going up. Need to pay sustained attention to it.

TYLOSIN/ Tilmicosin/ Tiamulin ---- Under the strict inspection of environmental protection organizations, Ningxia, Qilu and other mainstream manufacturers announced the suspension of production. The purchase demands are extremely active. The market price index keeps going up. Market prices have risen again because of the consumption of the inventory. Please pay attention to seize the procurement moment

Aminoglycosides:

Streptomycin Sulfate ---- The price index bottomed out and rebounded. The production supply has limitation. Need to pay attention to it.  

Apramycin Sulfate ---- The price index remains high volatile. Need to pay attention to market changes.

Neomycin Sulfate ---- Tension supply. The quotation from mainstream manufacturers keep increasing. The market price index still going up from a high-priced position. The traders are positively selling it in the earlier period, but they’re are reluctant to sell out the inventory even at a high price now. Please pay attention to the price trend.

Gentamycin Sulfate ---- Domestic supply and demand for veterinary drugs are stable. The production supply of mainstream manufacturers have limitation, so the trading volume is kind of little now. Current price index remains weak.

Sulfonamides:

This kind of items remain the previous market trend. Because the price of upstream raw materials is high for a long time, so sulfonamides can keep the price. The price index of some varieties in the early stage increased strongly, but the game between supply and demand in the market is slowing down now, so sulfonamides are in volatile period with a high price. 

Quinolones:

Enrofloxacin/ Ciprofloxacin ---- Domestic mainstream production enterprises of this kind of varieties are mostly in key environmental protection supervision areas, and they are in short supply now. The price index continued to rise.

Analgesics:

Analgin ---- Main factories have published the price increase announcement. The market responses to it actively. Prices are running smoothly at high levels.

Aminopyrine/ Aminophylline ---- The market is in volatile period with a high price due to the current changes in supply and demand as well as the influences of other positive factors.

Paracetamol ---- The market price index remains strong at a high price. The market gives positive response to this item. Traders and factories are reluctant to sell out the inventory. Need to pay attention to it.

Carbasalate Calcium ---- The price index remains stable. Need to pay sustained attention to it.

Mequindox:

Recently, upstream raw materials are in short supply and production capacity is limited. The trading volume are huge and have gained positive responses. Current market price index is high and strong. The supply is still tense. Please pay attention to it.

Vitamins:

From the feedback of market volume and downstream usage patterns, we can see that trade and the use layer are well prepared and downstream wait-and-see mentality is high. The market response in the current period has all declined, the trading volume of different varieties is also moving lower. The market may enter the range of stability in the near future and the vitamin price index may be collated. 

VA ---- Mainstream manufacturers gradually resumed supplies, international market prices are low and domestic market lose the confidence to it. The trading volume remains low and the market price index is weak and volatile. 

VE ---- Because the price in early stage is near the cost line, so the traders purchased products at a low price, but the quantity of opening a position is sufficient. Recently, traders mentality of increasing the price has reduced, the market price index is weak and volatile.

Calcium Pantothenate ---- This item is under the strict inspection of environmental protection organizations. It is said that mainstream manufacturers supply is tight and there is a trend to stop quoting and trading in order to remain the price. However, the trading volume remains low, “BUY & PLAY” is the main trend of this item. The market price index is relatively weak and volatile.

Nicotinamide ---- Production capacity has increased, market prices fall to low levels, and end users purchase the item actively at marginal cost. The trading volume has increased and the quantity of back-up warehouse is sufficient. The market price index is stable but fluctuating. Need to pay attention to it.

VD3 ---- International market quotations have risen rapidly, so domestic mainstream manufacturers raised prices quickly, leading the price growth of vitamins. At the trade level, most of them stop quoting or raise prices to wait and see, which has a trend of raising the commodity prices deliberately. The trading volume has declined sharply and the market price index has been reverted slowly in order to maintain the price.

VB1 ---- This item is under the strict inspection of Jiangsu environmental protection organizations and there are some mainstream factories have stopped quoting. The high temperature maintenance period will affect the output, which has increased the market attention. Downstream markets are tired with market situation, so the trading volume remains low and the market price index is stable but fluctuating.

VB2 ---- It is said that manufacturers have stopped quoting, which has increased the market attention. But the trading volume remains low and the market price index is stable but fluctuating.  

VB6 ---- International prices have risen, so manufacturers want to rise the price. Upstream intermediate materials are tight, so mainstream manufacturers are in downtime. That gains high attention from the market. However, downstream markets are less responsive and the trading volume remains low. The market price index is stable but fluctuating.

VB12 ---- Affected by environmental protection, the production capacity can not be released in a timely manner, the mainstream manufacturers stop quoting and trading. Some manufacturers even quoted 500 RMB/KG ( nearly 75 USD/KG ). The market price index increased sharply in the early stage but reverted slowly after that in order to maintain the price. Need to pay attention to it.

2% Biotin ---- The early market trading volume is large, the downstream position building has increased at a low price level. The purchase and sale of the market is tighter than the previous period, traders want to export the item. The market price index is fluctuating.

Folic acid ---- It is reported that the price of raw materials increased production costs, mainstream manufacturers increased prices and it gains more market attention. The market price index is increasing.

VK3 ---- Recently, the manufacturers have a trend to maintain the price and it is said that manufacturers have an intention to stop quoting and trading, which draws lots of attention from the market. There are some downstream trading enterprises open a position at low price range. The trading volume has increased and the market price index is increasing steadily.

VC ---- Mainstream manufacturers have raised their prices, the price index bottomed and rose again. Some manufacturers have suspended production to renovate, also facing high temperature maintenance period. Markets pay high attention to it while the market index moves in shock.