Improvement in the Chinese Ciprofloxacin Hydrochloride Market

Shanghai, China- Since August, the veterinary APIs market, including Fluoroquinolones, has continued to experience an upside-down phenomenon, leaving the prices of some APIs, such as Ciprofloxacin Hydrochloride, temporarily fluctuating between the same range that had risen due to consistent demand.

Domestic consumption will increase in the third quarter as the Mid-Autumn Festival and National Day holidays arrive one after the other and the breeding season reaches its height. The high demand will stimulate the market for veterinary APIs, and prices will be strongly supported. The export of veterinary raw materials has lately maintained a strong trend and shown a constant increase in exports. There is still much room for overseas demand for domestic veterinary raw materials to rise. Under a stable environment, the export of veterinary raw materials will remain stable.

From the supply viewpoint, the supply side faces uncertainty in August, primarily because of the manufacturers' high-temperature maintenance and the consequent drop in supply. Quinolones Series APIs, such as Ciprofloxacin Hydrochloride, may be more vulnerable to the decrease in supply shortage brought on by high-temperature maintenance in August.

The prices of quinolones are high and firm, especially Ciprofloxacin Hydrochloride. Based on ChemAnalyst Database, the FOB Shanghai price of Ciprofloxacin Hydrochloride increased by over 2% in August. Manufacturers are under pressure to hold on and reduce shipments. Compared to other antibiotics, in the case of a sharp decline in demand, the downward price pressure is less or will remain high in the short term.

According to ChemAnalyst, the prices of Ciprofloxacin Hydrochloride in the Chinese market are expected to remain keen with an incline price trend. However, the price has no mentality of price reduction on the back of a shortage of inventories, showcasing high purchases and strong demand from end-user industries. Exports of Ciprofloxacin Hydrochloride from China are expected to increase due to continuous demand in the overseas market.