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Home > News > Pharma News > February Market Analysis of Raw Materials for Veterinary Medicines

February Market Analysis of Raw Materials for Veterinary Medicines

Veterinary Drug Feed Trading Center 2022-02-11

 

VPis stable, the market restarts slowly after the holiday, and a wait-and-see mentality is strong, waiting for changes in the market to choose.


1. Data monitoring, the veterinary drug raw material price index (VPi) on February 9 was 90.15, which was consistent with the pre-holiday performance. After the holiday, the market performance was average, and the purchase of just-needed goods recovered steadily. The quotations in the middle and upper reaches remain stable, and the market has a strong wait-and-see attitude, waiting for changes in the market outlook.


2. After the Spring Festival, the market news was quiet, and the overall trading atmosphere was deadlocked. Although there are some areas, the supply of spot circulatable goods is tight, traders are reluctant to sell, and the offer is slightly pushed up. However, the festive atmosphere has not subsided, and the market has entered an obvious wait-and-see stage.

 

Under this background, it is difficult for the market to discuss the news, and the market continues to be cold. In the short term, the pull from the external environment and cost is small, and the firm transaction situation will continue to follow up. In addition, it is still necessary to pay close attention to factory news and downstream purchasing sentiment.

 

3. Raw materials for veterinary drugs: The market performance after the holiday is average, and the downstream demand is gradually recovering. Due to insufficient stocking before the holiday, the probability of inquiries after the holiday is high. Most of the mainstream categories maintained the price trend before the holiday, waiting for a clear signal from the market.


After the holiday, the market transaction prices of doxycycline hydrochloride and florfenicol were stable and weak; the prices of penicillin potassium industrial salt and amoxicillin were high, and the market was reluctant to sell, and the prices followed strong; Restricted, market attention is high, and trade channel inquiries are active, so please pay attention.


4. Vitamins: The vitamin market has not yet fully opened after the holiday, and the performance is stable. The pre-holiday atmosphere continues, and the overall demand is weak.

 

The upstream market is stabilizing and waiting for the market, with a wait-and-see attitude, and corresponding price adjustments according to changes in downstream demand. At the same time, downstream demand is relatively weak, mainly consuming inventory. For calcium pantothenate, VB6 and other varieties, it is necessary to pay more attention to the quotations of various factories.

 

Please continue to pay attention to the market situation, and grasp business opportunities according to the actual situation.

 

 

 

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

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