The prices of Luliconazole in the Global Market
North America
Luliconazole API had shifting
market patterns in the North American region during the fourth quarter of 2022.
Beginning with Q4 2022, prices were predicted to rise through the second month
of the quarter due to a high cost of manufacturing, numerous logistical
problems, and rising inflation. Additionally, the market position was
maintained well by rising transportation costs and port congestion at the major
ports. Prices begin to decline later in December because of softening inflation
and declining end-user sector demand. During the month of December, the
settlement price of Luliconazole API came down to USD 463500/MT CFR in New
York.
Asia
In the fourth quarter of 2022,
the Luliconazole
Prices witnessed fluctuating trajectory in the Asia Pacific region. At
the commencement of Q4 2022, the prices were recorded to increase till the
second month of Q4 on the back of increasing demand from the end-user sector
and several logistic issues. Also, the strict zero covid policies and repeated
lockdowns in the Chinese provinces affected the market situation. The increased
production cost on the back of rising energy prices and increased domestic
manufacturing to cater to regional and international orders kept the market
tight. However, later in the month of December, the prices of Luliconazole API
went down as the domestic merchants had enough inventories on their shelves.
During the month of December, the settlement price of Luliconazole API came
down to USD 390050/MT FOB Shanghai.
Europe
In the Fourth quarter of 2022,
the prices
of Luliconazole API showcased a see-saw trajectory in the European
region. The downstream pharmaceutical sector's demand for Luliconazole API was
recorded to be consistent. However, the ongoing port congestion and supply
disruption in the European region affected the supply chain and compelled the
prices to increase in the first two months of Q4 2022. Also, the high freight
charges contributed to the hiked-up trajectory of Luliconazole API.
Nevertheless, the prices drop in the month of December owing to existing
inventories and lowering demand from the end-user sector. During the month of
December, the settlement price of Luliconazole API came down to USD 429000/MT
CFR Hamburg.
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