Vitamins Direct Ltd
Test A Low Of Penicillin Industrial Salt Prices Show No Strong Trend by hi joiney
Xun? According to previously held in Shanghai to participate in the 8th World Pharmaceutical API China’s exhibition industry, said this exhibition penicillin industrial salt sold in the 90 ~ 95 yuan / BOU, 12 ~ 13 U.S. dollars off the contract / BOU, but several hundred manufacturers are still sticking to the bottom line.
Said, according to manufacturer’s data, transaction price at 13.5 ~ 14 dollars / BOU, so market price is still maintained at 100 yuan / BOU over.
This, the health network’s chief researcher Hui-Fang Wu believes that industrial salt prices edge lower, due directly to large stocks of domestic manufacturing enterprises, about 4,000 tons, corporate finance pressure, had to cut prices to sell to ease financial pressure.
This view from the mouth of the trade is confirmed. “Some stocks do more business, unable to go on, can only be properly cut prices to sell.”
However, the industry believes that it is domestic Antibiotic Market and off-season, before this time, antibiotics API Price will be a certain degree of correction. “So, this time low price can be considered normal, six-year prices are relatively low in July.”
Another view is that the prices of industrial salt may be related to changes in the procurement environment. Each of 23 quarters of India’s procurement season, but this significantly reduced orders from India, which is leading to test a low price of industrial salt, a major factor.
“As to why the Indian order to reduce, first, the past six months the price of industrial salt has been high, has been shrewd businessmen in India decreased purchases in China. Second, some of the problems caused by India.” This person said.
Foreign aggression Of India to the latest official statistics, as of June 28 of the week, India’s wholesale price index inflation rate measured by 11.89%, the highest since the past 13 years a new high. This year in May, the growth rate of India’s industrial production dropped to 3.8% for the past six year low. 4 May this year, India industrial production index (IIP) dropped to 5%, compared to 10.9%.
The same time, although from China and other countries and regions, prices of bulk drugs and intermediates, but the provisions of the Indian NPPA does not allow more than 10% within a year of price increases, and some APIs and intermediates previous price already more than 10% increase, as nimesulide, ofloxacin, tinidazole, methyl vitamin B12, sulfonamides such as trimethoprim-thiadiazole, prices have risen 20% to 50%. Therefore, the 10% limit is far from cover the cost of business losses, the transfer pressure or reduce imports of bulk drugs, Indian companies have become the first choice. Bear the brunt of reduced imports, penicillin industrial salt is such a fast rise, high-volume bulk export of bulk drugs.
Earlier, in the API this year, especially the operation of penicillin industrial salt for prediction, Shandong Lukang Pharmaceutical Co., Ltd., Forest Types believe that global demand continues to grow, the international transfer of bulk raw material drug production to speed up the Chinese market domestic bulk drug market competition, regulatory and other environmental policies under internal and external factors, in 2008 the price of penicillin industrial salt will continue to remain high.
With the Olympics approaching, green magic spell will read more and more tightly, companies at full capacity is unlikely. To stabilize prices, companies will take the initiative to cut production, limited production.
“From this year’s production costs, even if the price of industrial salt, a temporary decline, not as low as the previous, if less than 80 yuan / BOU, manufacturers will certainly take the initiative to take measures.” 1 The industry believes.
About the Author