Daily Chemical News Recommendation (Aug 6, 2018)

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>> API Market Analysis

API is at the upstream of the pharmaceutical industry chain, which is the basis of guaranteeing the downstream preparations production and meeting the clinical drugs demand. China is a large producer of API. Up to now, there are more than 2,000 enterprises producing about 1600 kinds of API, with an annual output of over 1 million tons. In 2017, API enterprises above designated size realized the main business revenue of 499.1 billion yuan, accounting for 16% of the total revenue of the pharmaceutical industry.

China's API is sold to the international market in large quantities while effectively satisfied the domestic demand. China's API is an industry with certain comparative advantages in the international competition. In 2017, China's API exports reached us $29.117 billion, up 13.71 percent year on year. Major markets such as the United States, the European Union and India grew by 23.84%, 9.79% and 13.52% respectively. [More]

 >> 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.[More]