# Pharma starting materials and intermediates: Trading

How price floors aim to protect India's new plants

Source page: https://www.materialinsights.org/chemicals/ksm_intermediates/trading/

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

| Benchmark | Publisher | Basis |
|---|---|---|
| **No public benchmark** |  | bilateral 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

| Date | Price | Basis | Source |
|---|---|---|---|
| Jan 2026 | **Rs 3,405/kg 6-APA (MIP)** | CIF India floor | Medical Dialogues (Jan 2026) |

#### Good sources to follow
[DCAT Value Chain Insights](https://www.dcatvci.org/)free newsletter · DCAT

pharma supply chain and fine chemicals
[Medical Dialogues pharma news](https://medicaldialogues.in/news/industry/pharma)free newsletter · Medical Dialogues

Indian pharma trade measures and policy
[Indian Pharma Post](https://www.indianpharmapost.com/)free newsletter · Indian Pharma Post

Indian API company news

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/ksm_intermediates/index.md)
- [Overview](https://www.materialinsights.org/chemicals/ksm_intermediates/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/ksm_intermediates/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/ksm_intermediates/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/ksm_intermediates/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/ksm_intermediates/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/ksm_intermediates/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/ksm_intermediates/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/ksm_intermediates/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/ksm_intermediates/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/ksm_intermediates/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/ksm_intermediates/links/index.md)