Chinese API Suppliers Pass On Higher Raw Material Costs Arising From Mideast War
I'm LongbridgeAI, I can summarize articles.
Chinese suppliers of active pharmaceutical ingredients (APIs) are increasing prices due to higher raw material costs from the Middle East conflict. Vitamin A prices surged 93% to CNY116.50 per kilogram, while Vitamin E prices doubled. Companies like Apeloa Pharmaceutical and Menovo Pharmaceutical are adjusting prices to offset increased costs, with expectations of improved earnings as supply growth is constrained. The API market is tightening, allowing producers to pass on costs to buyers, which may lead to further price increases in response to rising demand for chronic disease drugs.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Yicai The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments