Material Insights · Understanding the Material World

Pharma starting materials and intermediates: Trading

How price floors aim to protect India's new plants

How price floors aim to protect India's new plants What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

  • China (Shandong, Zhejiang, Hebei, Inner Mongolia)
  • India (Gujarat, Telangana, Andhra Pradesh)

Who sells, and from where

  • Indian API makers
  • Chinese and European API makers

Price benchmarks

BenchmarkPublisherBasis
No public benchmarkbilateral contracts

Contract types

  • Quarterly or annual contracts with Chinese suppliers
  • Spot purchase
  • Captive supply within integrated groups

Traders and distributors

  • Chinese trading houses and Indian importers

How Indian buyers price it

  • Import parity from China
  • MIP floors on three antibiotic inputs (2026)
  • Anti-dumping duties where imposed by DGTR

Recent price points

DatePriceBasisSource
Jan 2026Rs 3,405/kg 6-APA (MIP)CIF India floorMedical Dialogues (Jan 2026)

Good sources to follow

DCAT Value Chain Insightsfree newsletter · DCAT

pharma supply chain and fine chemicals

Medical Dialogues pharma newsfree newsletter · Medical Dialogues

Indian pharma trade measures and policy

Indian Pharma Postfree newsletter · Indian Pharma Post

Indian API company news