Metoprolol Succinate Prices Trend and Forecast

North America

The Metoprolol Succinate Prices in North America demonstrated an inclined price trajectory over the first part of the fourth quarter. Increased end-user demand from the pharmaceutical sector kept the prices of Metoprolol Succinate on the higher side. Furthermore, with the start of mid-q4, the prices began to fall gradually owing to a reduction in offtakes and supplies within the domestic market. Also, Supply chain disruption decreased rapidly over the six months to November across multiple measures, which did not affect the market sentiments of Metoprolol Succinate prices as the inventories with market participants were enough to meet any immediate order. Moreover, owing to a significant drop in its offtakes and New year holidays, which resulted in a temporary shutdown of the market within the region, the prices of Metoprolol Succinate remained on the North side and were recorded at USD 206000/ MT CFR Los Angeles.

APAC

In the Asia Pacific region, specifically in China- Metoprolol Succinate prices plummet during the final quarter of 2022. As per the trend, in the first half of q4, the prices inclined on the positive side owing to the healthy downstream demand. The prices dropped again, showing a declining trend on account of weak demand. With the end of the year 2022, China's manufacturing activities began to decrease noticeably as a surge in COVID-19 cases. Moreover, the decrease in freight charges additionally supported the price trend of Metoprolol Succinate. Overall, the prices of Metoprolol Succinate recorded at the end of the fourth quarter were assembled at USD 194250 /MT FOB Shanghai.

Europe

In the fourth quarter of 2022, the European market for Metoprolol Succinate followed a similar pattern as that of North America. The market trend initially started on a healthy note up to November as the demand from the end-user sector pharmaceutical industry remained high. Furthermore, inquiries from the downstream sector for Metoprolol Succinate prices began to decrease gradually in November, keeping the prices on the lower side. Towards the end of the year 2022, fresher orders declined in December as a result of suppliers having large stock levels as a result of the market's brief closure. With this, the prices of Metoprolol Succinate witnesses were assembled at USD 216500/MT CFR Hamburg in Germany.

ChemAnalyst tackles the primary difficulty areas and dangers of the worldwide chemical, petroleum, pharmaceutical, and petrochemical industries, empowering decision-makers to make informed decisions. It examines and analyses geopolitical risks, environmental concerns, raw material availability, supply chain functioning, and technological disruption. It focuses on market volatility and guarantees that clients manage obstacles and hazards effectively and efficiently. ChemAnalyst's primary expertise has been data timeliness and accuracy, benefiting both local and global industries by tuning in to real-time data points to execute multibillion-dollar projects internationally.

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