NTPC Green Energy tendered a water demineralisation plant for its planned 7GW green hydrogen-based chemicals hub in Andhra Pradesh. The project targets 2.5 million tonnes per year of hydrogen-based chemicals, adding substantial future green hydrogen supply and likely easing price pressure.
Korea's FTC fined Daesang, Sajo CPK, Samyang, and CJ CheilJedang a record 747.6 billion won for fixing starch and starch sugar prices from 2018-2025. The companies must reset prices to pre-collusion levels, which is expected to lower costs for food and manufacturing industries.
| Product | Region | Incoterm Basis | Price | Time Period |
|---|---|---|---|---|
| Azithromycin | India | FOB | USD 136.85/KG | June 2026 |
| Azithromycin | China | CIF | USD 137.73/KG | June 2026 |
| Azithromycin | USA | CIF | USD 138.17/KG | June 2026 |
| Azithromycin | Germany | CIF | USD 137.97/KG | June 2026 |
| Azithromycin | Canada | CIF | USD 139.67/KG | June 2026 |
Stay updated with the latest Azithromycin prices, historical data, and tailored regional analysis
Asia
Asian markets experienced mixed trends throughout the final quarter of 2024. Early stability gave way to mounting cost pressures by December, particularly in Southeast Asian manufacturing centres. While large-scale producers maintained their output levels, smaller facilities struggled with increasing expenses for raw materials and energy.
China's healthcare reforms reshaped market dynamics, triggering heightened competition among domestic manufacturers. Supply chain efficiencies improved across the region, helping offset some production cost increases.
Europe
The European landscape saw a pronounced softening in prices during the quarter's closing weeks. Manufacturing powerhouse Germany led this trend as warehouses reached comfortable stock levels and retail demand cooled. A broader economic slowdown across the Eurozone prompted more conservative purchasing patterns. The energy sector provided some relief for manufacturers, as falling utility costs helped ease production expenses. Market players adopted cautious approaches to year-end inventory management, preferring to maintain lighter stocks.
North America
North American manufacturers navigated a relatively calm market environment throughout Q4. Regional production remained steady, while efficient logistics networks helped maintain smooth distribution channels. Domestic facilities operated at optimal levels, keeping the market well-supplied without creating excess inventory. The balanced market conditions helped maintain price stability despite international fluctuations.
Analyst Insight
According to Procurement Resource, the Azithromycin market will face potential headwinds in early 2025 due to anticipated production slowdowns during the Asian holiday season. However, strategic inventory planning across major markets should help minimize disruptions.
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Asia
The azithromycin market in the Asian region demonstrated a fluctuating pattern during the said period. Initially, the market maintained stable prices with a gradual upward movement due to consistent exports. The supply situation remained balanced, though logistics challenges and elevated freight charges contributed to increased operational costs.
Suppliers successfully passed these additional expenses to consumers due to the positive market sentiment. However, prices began declining towards the quarter's end as manufacturers focused on destocking activities, leading to increased market availability. Simultaneously, the terminal demand weakened, further contributing to the softening azithromycin prices in the final weeks of the quarter.
Europe
Azithromycin prices in Europe exhibited an oscillating trajectory throughout Q3’24. The market initially experienced upward momentum, supported by steady pharmaceutical sector demand and improved consumer sentiment due to easing inflation rates. Despite high logistics costs providing some upward pressure, the market witnessed a significant shift in dynamics towards the latter part of the quarter. The prices registered a downturn as demand fundamentals weakened considerably, prompting suppliers to adjust their pricing strategies.
North America
The US domestic market exhibited a mixed pricing trend during Q3’24. The period began with firm prices supported by positive consumer sentiment and supply chain constraints. Logistical challenges, including port congestion and vessel rerouting, created supply tightness that bolstered prices. However, the market momentum shifted as the quarter progressed, with prices declining due to weakening demand fundamentals and growing economic uncertainties.
A member of the macrolide class of antibiotics, azithromycin has a broad spectrum of activity. It is frequently used to treat a number of bacterial infections, including skin infections, sexually transmitted diseases, and infections of the respiratory tract. By blocking the creation of bacterial proteins, azithromycin stops the growth and spread of bacteria.
Its lengthy half-life, which enables once-daily dosing and provides patients with convenience, is one of its important characteristics. Additionally, it has significant tissue penetration, making it possible to treat infections in different bodily regions effectively. Its favorable side effects and suitability for those with penicillin allergies make azithromycin a desirable and frequently given antibiotic.
C38H72N2O12
Veterinary medicine, Disease prevention in agricultural crops
Pfizer, Akron, Teva, Mylan, Zydus Pharmaceuticals, Sandoz, Aurbindo Pharma, CSPC Ouyi Pharmaceutical, Hainan Poly Pharm
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The production of intermediate molecules is the first step in the synthesis of azithromycin. Amination, acylation, esterification, cyclization, purification, isolation, and quality control are the next steps. The intermediate component is processed to attach molecules with amine and acyl functional groups, which are then subjected to cyclization to combine all the compounds into one finished product, in this case azithromycin.
In a very certain temperature and environment, the process is watched over and managed. Following cyclization, the chemical compound is refined and isolated to guarantee complete purity and retain the chemical compound's quality.
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