The world's pharmaceutical and chemical plant "fires"! Demand for domestic raw materials may surge! The price is raised by 1000%!
The world's pharmaceutical factories are "on fire"-the epidemic in India is out of control!
Maybe you in China have not paid so much attention to such incidents. However, the epidemic in India is urgent and may have a profound impact on the domestic chemical and pharmaceutical industries. Some medical, chemical, and textile industries may usher in explosive demand.
Increased by more than 300,000 for 6 consecutive days! India's epidemic is in urgency!
Due to the deteriorating epidemic situation, the number of deaths from new coronary pneumonia in India has increased dramatically.
According to data released by the Ministry of Health of India on the 26th, the country has 35,2991 new confirmed cases of COVID-19 compared with the previous day, which is a new high. There have been more than 300,000 new cases in a single day for 5 consecutive days. There were 2812 new deaths and a total of 195,132 deaths.
The Indian government said on the 26th that it is expected that this wave of new crown epidemics may reach its peak in mid-May, when the number of newly confirmed cases in India may reach as high as 500,000 daily.
Faced with an out-of-control epidemic, Indian tycoons spent nearly a million fleeing. According to the New Zealand Herald, 8 private jets carrying Indian super-rich landed at London Airport before 4 a.m. local time on April 24th.
The "hypoxia" crisis is spreading! The oxygen cylinder skyrocketed by 1000%!
The new crown is caused by the respiratory system, especially the lung infection, and the breathing ability is blocked, requiring artificial oxygen input to maintain body functions. As the new crown epidemic continues to worsen, many places in India have reported shortages of medical resources such as hospital beds, medical oxygen and medicines.
Since this week, both public and private hospitals in the capital New Delhi have faced problems such as tight clinical space and urgent medical oxygen. A hospital in New Delhi announced on the 23rd that 25 critically ill patients with the new crown had died in the hospital in the past 24 hours, and another 60 critically ill patients were in critical condition due to lack of oxygen.
According to BBC reports, Indian hospitals are overcrowded with no beds, forcing patients with COVID-19 to "help themselves" at home. As oxygen cylinders and oxygen generators are in short supply in the market, the black market price of oxygen cylinders in India has skyrocketed 10 times. Indian woman Priya spent 50,000 rupees to buy an oxygen cylinder on the black market, and its usual price is about 6,000 rupees. Oxygen cylinders are "more precious than gold."
Unlike China, where industrial oxygen is used to support medical oxygen, in order to resume work, India allocates 50% of the oxygen to the industry, resulting in an even more insufficient medical oxygen.
Now India needs 8,000 metric tons of medical oxygen per day, and the daily limit of production is 7,127 metric tons, and the difference is 870 metric tons.
In addition, there are nine industrial sectors that must consume 2500 metric tons of oxygen, so the difference in medical oxygen per day is 3,370 metric tons.
China is also closely following the epidemic in India. The Chinese Embassy in Sri Lanka tweeted on the 26th that #800 oxygen machines# arrived in Delhi, India from Hong Kong today.
The world pharmaceutical factory cuts supply! Demand or influx into the country!
If the epidemic in India leads to a tight supply of raw materials in India, it may lead to a reshaping of the global supply of raw materials.
Public data shows that India is the world's second largest supplier of APIs after the United States, accounting for 12% of the world's total. Considering that India has a large number of gray supply chains that are difficult to be included in the statistics, the actual market share should be much higher than this figure.
In India's API market, exports account for nearly 50%. Now that the epidemic situation in India has worsened again, some local pharmaceutical factories have stopped production, and the normal production of APIs will inevitably be affected, which will also exacerbate the shortage of global APIs.
Under such circumstances, there will inevitably be a gap in the supply of global APIs, and my country's API industry will usher in an opportunity to seize market share. At the beginning of the outbreak in India last year, CITIC Securities pointed out that the worsening of the new crown epidemic in India will aggravate the shortage of global drug supply, and the high unit prices of some raw materials may continue.
The global supply of raw materials is heavily dependent on China and India, and the continued epidemic of new coronary pneumonia in India may disrupt the global drug supply chain and exacerbate supply shortages. Therefore, some API varieties are expected to maintain relatively high prices in a state of imbalance between supply and demand, which will bring potential full-year performance flexibility to relevant domestic API companies.
Chemical fiber and other industries welcome opportunities again!
India is the world's largest producer of cotton and jute, and its yarn production capacity accounts for 22% of the world. Textile revenue has always been one of the main pillars of the Indian economy and one of the largest sources of foreign exchange income in India. The textile industry accounts for about 15% of India’s total export revenue.
However, the emergence of the epidemic in India has greatly affected the textile industry, and the income of textile companies has dropped sharply. If the epidemic cannot be effectively controlled, suspension of work and production will be inevitable, and the impact will be more serious.
Due to the spread of the epidemic, many large Indian textile export companies were unable to ensure normal delivery since September last year. A number of orders originally produced in India have been transferred to China, and the larger orders include towels and bed sheets.
As the world's largest textile producer, China has a complete textile industry chain. Coupled with its outstanding performance in epidemic control, it can be said that taking orders from India can be said to be completely trivial.
Regarding market rumors that a certain amount of textile and clothing orders from India, Myanmar, and Bangladesh have returned to the country due to various reasons such as the new crown epidemic and social unrest since late March, intermediaries in Zhejiang, Foshan and other places reported that they have recently inquired, There are indeed signs of increasing foreign orders, mainly home textiles, bedding, denim, and T-shirts.
In addition, superimposed on the influence of the Xinjiang cotton incident and the expected factors of the release of multiple births, the prosperity of my country's textile industry is expected to be further improved.
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