Global Rabeprazole Prices Online
North America
The fourth quarter of 2022 saw a
significant drop in Rabeprazole
prices in North America, with CFR Los Angeles values falling by 5.8%
from $108500/mt to $102150/mt from October to December. Due to a one-week
holiday in China, a prominent exporter, imports of Rabeprazole were delayed the
first week of October. Despite this, the US's downward pricing trend was
sustained by the substantial stocks retained by domestic retailers and the low
demand for Rabeprazole. The damaged supply chain did, however, begin to mend as
the economy grew, and the port backlog significantly shrank in the second half
of Q4.
Asia Pacific
During the fourth quarter of
2022, the price
of Rabeprazole across the Asia Pacific region displayed a downward
price trajectory. Between October and December, FOB Shanghai prices in China
decreased from $88750/mt to $84250/mt. The first week of October saw a modest
decline in Rabeprazole orders for China's API market due to the shutdown of
production facilities for the Golden Week. After a one-week holiday and the
market's reopening, domestic traders faced several conflicting signals that
made it challenging for the players to keep up with the slow development seen
in some downstream industries. Additionally, the weak demand for Rabeprazole
kept the market moving downward. Government authorities altered their
zero-covid restrictions in response to criticism and intense unhappiness in the
nation, rendering it vulnerable in the second half of the fourth quarter of
2022.
Europe
The German market for Rabeprazole
mimicked the same trend as that of North America and Asia. The CFR Hamburg
prices were settled at $112000/mt and $108500/mt in October and December,
respectively, demonstrating a downtrend. Offtakes were higher in the first half
of the quarter than they were in December due to the unexpected increase in
coronavirus infections, which led to a decline in international demand during
the latter weeks of December. However, factors like COVID incidents and the
conflict between Russia and Ukraine continued to have a negative impact on the
economy as a whole. Germany's CPI also decreased at the conclusion of the year,
along with the ease in supply chain issues.
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