Textile Chemistry

As one of the four core businesses of Hongda Group, ......

Material Chemistry

Since 2001,Hongda Group has been a distinctive char ......

Biological Pharmacy

Companies in the bio pharmaceutical development alw ......

Resin & Additive

The company's business covers the development o ......

Improving the export amount to the emerging countries is the only way for chinese APIs development

2013.09.26   08:30

Due to the financial constraint,foreign customers reduce stocks and purchases,pay more attention to price.They send more inquiries and transfer the large and long inquiry into the small,which resulting in intensifying competition between with the enterprises.

Currently,the overcapacity and intense competition in bulk API market,the slow economic recovery in developed countries and currency devaluation in the emerging market countries,which leading to rising export prices of APIs is difficult. Meanwhile,the increase cost of all aspects in APIs industry that decline the export price is also difficult.

Technical threshold is low,easy to duplicate production capacity,product differentiation is resulting in some non-API products overcapacity one of the reasons.Another cause decline in export earnings was mainly due to the ability of digestion is not strong environmental costs,environmental standards,speed too fast.On the one hand is that all costs are rising,on the other hand is the terminal drug prices declining,this raw material drug companies to bring great difficulties,in addition,the RMB appreciation also make lower value-added bulk drug and intermediate products increasing the outlet pressure.

Data show that Chinese bulk drug exports to emerging markets increased 10.03% in the first half.The medium and large-scale pharmaceutical enterprises actively developed the emerging and African markets,the top enterprises to ccupy 12.2% among the export enterprises.In the global economic downturn and demand reduction in the pharaceutical industry,improving the export amount to the emerging countries is the only way for chinese APIs development.

By Ann

Previous:Strict environment supervision increased problems in API industry