Source :Ronnick FONG, Hangzhou DE Mark Industrial Co Ltd
Since Monday (23/Sep), the market price of Florfenicol has rebounded, the supply of mainstream factories has been insufficient, market transactions increased sharply, and market attention has become high. Tylosin and Tilmicosin are experiencing the same.
The tightening of environmental protection and security inspections in many places, especially in the Beijing-Tianjin-Hebei region. The news of production limit and suspension has been continuously fermented. In fact, many veterinary drug raw material manufacturers in the Beijing-Tianjin-Hebei region have begun to enter such situation. The limited in-land transportation during the National Day led to the urgent replenishment of the demand side, which also caused a sudden rise in prices.
After the holiday, the 83rd API China (10-12/OCT/2019) also triggered the market change of veterinary drug raw materials. Therefore, whether the current rebound can continue, it will not be clear until after the API exhibition.