APIs MARKET
The vet APIs market has been going down continuously this year, with a significant decline in some leading products (see the table below) due to the decreased demand.
The market stopped falling at the end of May, and it is stable overall, with prices running at the bottom. Although there are optimistic expectations for the future market, the demand has not substantially improved, and it still needs news stimulus. In the context of the continuous release of production capacity in the first half of the year, let us wait and see whether the falling market can be repaired in the third quarter.
FLORFENICOL
In May, the price fell below 300 yuan/kg. The transaction price remained above 300 yuan/kg in June, affected by multiple factors, which strongly means bottoming out but with limited strength. Huangshan Fazheluo, Jiangsu HuiliBio and Guobang Pharma added a total of 5000mt of new production capacity, and we will continue to pay close attention to the progress of these new production capacities. At the same time, introducing new production technology for D-ethyl ester, the critical raw material of florfenicol, will significantly reduce its production cost. Some manufacturers are already planning to adopt new technology, and it will indeed have a considerable attack on market prices shortly.
DOXYCYCLINE HCL
Since the market price fell below 400 yuan/kg in May, and after a period of consolidation near 350 yuan/kg, it quickly rebounded to more than 400 yuan/KG this month, and the rebound is quite considerable. It is suggested no bearish for rigid demand, nor is it recommended to wait and see.
TYLOSIN/TILMICOSIN
Manufacturers actively and strongly support prices. While the supply and demand of tylosin and tilmicosin are relatively stable, the short-term trend is expected to remain stable because the depressed pig price has no positive force on this product. Wait for changes from the demand side.
The price trend of tilmicosin and tilmicosin phosphate, produced with Tylosin as the raw materials, is basically the same.
For other vet APIs market information and solid inquiries, please feel free to contact us.
VITAMIN MARKET
The domestic vitamin market is basically stable. Upstream factories hold an active price-raising mentality; Domestic distribution channels are stuck with inventory and financial pressure; Market demand is relatively weak. Downstream was not willing to build inventory, with just-demand purchases dominating. Most varieties are not trading well; Nicotinamide and vitamin K3 inquiries are moderately active, with fair transactions, while VB2 and VB6 prices are buoyant. More close attention is proposed.
Vitamin A
The current reference quotation is 85-88 yuan/kg, which has continued to finish at a low level since it hit a historic low in April. With the support of high costs, factories have strengthened their mindset to raise prices. The market quotation is expected to be stable in the short term.
NHU Shangyu factory will start a 12-week production shutdown in early July.
Vitamin E
The reference quotation is 70-72 yuan/kg. The market price is basically stable and slightly weak, with bargaining on actual orders. The supply of this product is highly concentrated, with supply being concentrated towards China due to abnormal production in Europe.
Beisha Pharma's vitamin E production line is scheduled to start a 6-7 week shutdown for maintenance at the end of June.
D-Calphan
Mainstream prices are in the range of 110-120 yuan/kg. After clearing the low-price inventory, the factories began to raise the price. During the CPHI period, some factories quoted 130-135 yuan/kg, and the upstream production capacity also began to increase.
Vitamin3 K3(MSB)
The current mainstream quotation is 75-80 yuan/kg for MSB, and 90-95 yuan/kg. The upstream factories are gradually shipping the orders.The market price is basically stable, with bargaining on actual orders.
AMINO ACIDS MARKET
In May, China's exports of lysine and lysine salts and esters amounted to 76,800 tons, down 23% month on month. From January to May 2023, the export of Lysine, lysine salts and esters accumulated to 358,000 tons, down 21.64% year-on-year.
L-Lysine HCL: CNY8600-9000/MT
L-lysine Sulfate: CNY5200-5600/MT
DL-Methionine: CNY16600-17200/MT
L-Threonine:CNY11500-12500/MT
L-Valine:CNY21-25/KG
L-Tryptophan:CNY65-68/KG
FEATURED PRODUCTS
DM-Gold(2% Xanthophylls)
DM-Gold(2% Xanthophylls), the active ingredient Xanthophylls is a type of carotenoids colorant extract from marigold flower. Researches and field trials prove it has a special biological coloring effect.
Ready stock of vitamin products for immediate shipment. Get in touch with us for more details information.