The Prices of Sulfamethoxazole in the Global Market
North America
In the North American region, the
fourth quarter of 2022 saw altering market trends for Sulfamethoxazole
Prices. Prices were expected to increase through the second month of
the quarter starting with Q4 2022 because of the high cost of manufacturing,
numerous logistical issues, and rising inflation. Rising transportation costs
and congestion at the key ports also helped keep the market position strong.
Due to easing inflation and lowering end-user sector demand, prices start to
drop later in December. During the month of December, the settlement price of
Sulfamethoxazole API came down to USD 19340/MT CFR Houston.
Asia
The fourth quarter of 2022 saw a
range of sentiments on the Sulfamethoxazole API market. 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, as
domestic retailers had sufficient stock on hand later in the month of December,
the cost of Sulfamethoxazole API decreased. The market remained poor due to
negative consumer sentiment as well. During the month of December, the
settlement price of Sulfamethoxazole API came down to USD 16120/MT FOB
Shanghai.
Europe
Prices
for Sulfamethoxazole API in the European region showed a see-saw
tendency in the fourth quarter of 2022. The demand for Sulfamethoxazole API
from the pharmaceutical industry was experienced to be steady. The supply chain
was impacted by the continuous port congestion and supply disruption in the
European region, which resulted in a rise in pricing in the first two months of
Q4 2022. The elevated trajectory of Sulfamethoxazole API was also influenced by
the high freight costs. Nevertheless, December sees a price decline as a result
of rising stocks and declining end-user sector demand. During the month of
December, the settlement price of Sulfamethoxazole API came down to USD
21020/MT CFR Hamburg.
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