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North America In the North American region, Lactic Acid followed the fluctuating price trajectory in the first quarter of 2023. The US Lactic Acid market started the first quarter off better, with prices rising in January. Prices of lactic acid in the US are under pressure due to rising import costs from EU countries. Rising inflation and the price of feedstock further hurt the market for the product. However, as a result of downstream firms' strong wait-and-see attitude, which forced US suppliers to decrease their pricing in order to increase orders, these values subsequently declined in February. The product's price had dropped towards the end of the quarter as a result of lower downstream pharmaceutical sector demand and available stockpiles. Thus, rising to USD 1420/MT in March from USD 1590/MT in January, an unstable market was seen in the prices of Lactic Acid. Asia- Pacific In the first quarter of 2023, Lactic Acid prices in the Asia Pacific region experienced a swi

North America In the first quarter of 2023, Vitamin B1 prices continued to decline as a result of the long-drawn-out turmoil in the U.S. domestic market, with CFR Los Angeles from January to March. Due to a halt in imports from China during the first week of January due to the Lunar New Year, several domestic retailers had to raise their price quotes to keep up with the ongoing demand. The tiebreakers, which included the crisis in Ukraine, rising U.S. inflation, and extreme weather, persisted in putting fragile supply chains in peril for the majority of the quarter. The U.S. supply chain gradually improved in the second half of 2023 as the economy recovered and the port of Los Angeles on the west coast significantly reduced ship backlogs. All U.S. supply chains experienced a price decline beginning in March, reducing inflationary pressures. The U.S. supply chains became adaptable because of weaker shipping demand brought on by slower consumer spending and a decline in manufacturing

North America The Dipotassium EDTA Prices CFR in New York decreased from January to March 2023 as a result of the prolonged market volatility in the USA. Dipotassium EDTA imports from China were capped during the first week of January due to the country's Golden Week. Domestic providers were able to meet the total demand thanks to their large stocks, and offtakes in the end-user industries were stable throughout the quarter. Due to weather issues, Russia's turmoil in Ukraine, and China's Covid lockdowns, supply chains were dangerous for the majority of the quarter. However, when the economy started to expand in the second part of the year, there was a steady improvement, and the ports experienced a considerable decline in ship backlogs following a protracted port backlog. Asia Pacific Dipotassium EDTA prices in China showed a decreasing price trend during the first quarter of 2023 in the Asia Pacific region, with Ex-Vadodara values falling from $5084.29/MT to $4626.37/

North America With a significant increase in domestic demand and constrained supply among market players, the price of Ofloxacin rose during the first quarter of 2023. In early January 2023, Ofloxacin inventories among market participants were sufficient to meet all needs, as opposed to December 2022. By the middle of the first quarter, a slowdown in trade activity and a steady increase in demand forced traders and suppliers to raise their quotes, further supporting the upward price trend for Ofloxacin. Overall, the Ofloxacin Prices in the United States was constructed at USD 47640/MT CFR Los Angeles. Asia Pacific Prices for Ofloxacin increased throughout the first quarter of 2023 in the APAC area as a result of heightened demand following the Lunar New Year and the government abandoning its zero-COVID policy. Both consumption and output notably surged during the holiday-shortened month of January in China. The producers were forced to increase production and stock their shelves

North America Towards the closure of Q4, the Stainless Steel Round Bar prices showcased a declining trend in the US market owing to the higher inventory level and limited downstream demand outlook. In October, the downstream buyers remain observant of drawing down inventories across all products through the end of the year. With falling scrap prices, mills had tried to remain competitive with import offers as downstream demand from new projects had not warranted additional spot buys or bookings of more significant imports, along with rising financing costs. Participants in the US Stainless Steel market were optimistic about the new year, but spot prices remained lower than they were during the previous summer and fall seasons. This winter's activity has slowed significantly, but downstream work appears to be picking up for next year. Asia Pacific In the Chinese market, the Stainless-Steel Round Bar prices showcased a rising trend in the final quarter of 2022 owing to the lower

North America With a significant increase in domestic demand and constrained supply among market players, the price of Ofloxacin rose during the first quarter of 2023. In early January 2023, Ofloxacin inventories among market participants were sufficient to meet all needs, as opposed to December 2022. By the middle of the first quarter, a slowdown in trade activity and a steady increase in demand forced traders and suppliers to raise their quotes, further supporting the upward price trend for Ofloxacin. Overall, the Ofloxacin Prices in the United States was constructed at USD 47640/MT CFR Los Angeles. Asia Pacific Prices for Ofloxacin increased throughout the first quarter of 2023 in the APAC area as a result of heightened demand following the Lunar New Year and the government abandoning its zero-COVID policy. Both consumption and output notably surged during the holiday-shortened month of January in China. The producers were forced to increase production and stock their shelves

North America Azithromycin displayed stable market dynamics throughout the first quarter of 2023. With the start of Q1 2023, prices were recorded to increase stably, supported by sustained purchases from the pharmaceutical end-user industry and merchant stocks to meet demand. Also, the ease of trade disruption supported the Azithromycin market trend. With an average quarterly inclination of 0.40%, the settlement prices of Azithromycin API was recorded at USD 103750/MT CFR Houston. Enough inventories among the merchants and the domestic suppliers kept the market situation firm. With stable production costs and ease in demand, trading activities were also feeble, keeping the market Weak. Asia Azithromycin prices witnessed a positive trajectory in the APAC region in the first quarter of 2023. At the commencement of Q1 2023, the prices recorded to drop backed by sufficient inventories and a stable demand outlook. Later with the onset of February, After the Lunar New Year break, the Ch

North America The Vancomycin Hydrochloride Prices steady market dynamics with minimal variation in the first quarter of 2023. As Q1 2023 got underway, prices increased through the end of February, supported by continuous purchases from the pharmaceutical end-user sector. Also, the ease of trade disruption supported the Vancomycin Hcl market trend from January. Furthermore, by the end of Q1 2023, prices had decreased because there were few inquiries and sufficient supplies among the merchants. Low freight costs also contributed to the market's current state of weakness. At the termination of Q1 2023, the settlement price of Vancomycin Hcl API accessed at USD 628105/MT FOB Shanghai with an average quarterly inclination of 0.13%. Asia Pacific Vancomycin Hydrochloride Prices witnessed a stable upward trajectory in the APAC region in the first quarter of 2023. After the Lunar New Year break, the Chinese pharmaceutical markets technically returned on a positive note with an increase

North America During the fourth quarter of 2022, Amphotericin B Prices dynamics fluctuated in the North American region. Prices were expected to increase starting in Q4 2022 and continuing through the second month of the quarter as a result of a high cost of manufacturing, numerous logistical issues, and rising inflation. Rising transportation costs and port congestion at the key ports also helped to keep the market position strong. A slowdown in API output, disorganization, and rising energy prices all had a positive effect on the market. Due to easing inflation and reducing end-user sector demand, prices started to decline later in December 2022. Values were accessed at USD 6265400/MT CFR Houston at the end of Q4 with an average quarterly inclination of 0.40%. APAC During the fourth quarter of 2022, the Amphotericin B Prices in the Asia-Pacific region showed a general downward trend. Amphotericin B costs have decreased quarterly due to reduced demand from the terminal pharmaceu

North America Over the first quarter of 2023, there were fluctuations in the prices of Wheat in North America, and the first month of the quarter saw a fall in prices. Because of the lack of demand and easy access to supplies in the domestic market, Wheat prices have been continuously declining. A decrease in prices is seen in the second month of Q1 as a result of favorable weather in the Northern Hemisphere. The oil and gas industries need for shale gas was also sufficient. In the final month of the quarter, there were enough inventories, and the weather returned to normal, which helped the forecast for output. This has exacerbated the price drop of Wheat in North America. Towards the end of Q1 2023, the price of Wheat was recorded to be USD 340/MT for FOB Chicago (USA) in March 2023. Asia Pacific Wheat prices in the Asia-Pacific area fluctuated in the first quarter of 2023 as a result of concerns about the state of the crops in several significant exporting countries. The price

North America Over the first quarter of 2023, there were fluctuations in the prices of Wheat in North America, and the first month of the quarter saw a fall in prices. Because of the lack of demand and easy access to supplies in the domestic market, Wheat prices have been continuously declining. A decrease in prices is seen in the second month of Q1 as a result of favorable weather in the Northern Hemisphere. The oil and gas industries need for shale gas was also sufficient. In the final month of the quarter, there were enough inventories, and the weather returned to normal, which helped the forecast for output. This has exacerbated the price drop of Wheat in North America. Towards the end of Q1 2023, the price of Wheat was recorded to be USD 340/MT for FOB Chicago (USA) in March 2023. Asia Pacific Wheat prices in the Asia-Pacific area fluctuated in the first quarter of 2023 as a result of concerns about the state of the crops in several significant exporting countries. The price

North America In North America, the Coconut Oil Prices varied in the first quarter of 2023 as a result of fluctuating market dynamism from downstream businesses, including the food and cosmetics sectors. The cost of other edible oils declined in the first half of Q1 2023 as a result of the moderate to low demand from the pharmaceutical and cosmetic industries. Food prices rose globally and, in the USA, in particular, due to the invasion of the Russia-Ukraine conflict and supply interruptions. As a result of the lesser supply coming from the main exporting countries to the USA, prices rose in the second half of Q1 of 2023. In the final month of the quarter, there were still sizeable stockpiles in the domestic US market to meet consumer demand with the supplies despite an increase in demand. Asia Pacific In the first quarter of 2023, the price of Coconut Oil fluctuated across the Asia-Pacific region, particularly in Indonesia and India, due to unpredictably shifting market dynamics.

North America The Clarithromycin Prices had taken an irregular trajectory in the North American region by the conclusion of the fourth quarter of 2022. In the first two months of Q4, prices were observed to be constant in the upper range due to strong market demand sentiments and favorable cost support from the operational side. Additionally, the supply-demand imbalance and regional inflation contributed to an increase in the price of Clarithromycin API. However, due to low demand and ample supply, prices began to decline later in December as inflation began to reduce. Towards the termination of Q4 2022, the values accessed at USD 261500/MT with an average quarterly inclination of 0.31%. Europe Prices for Clarithromycin API in the European region showed a see-saw tendency in the fourth quarter of 2022. In the first two months of Q4, the demand for Clarithromycin API in the downstream pharmaceutical industry was seen to be steady. The supply chain was impacted by the continuous po

North America Over the first quarter of 2023, there were fluctuations in the prices of Wheat in North America, and the first month of the quarter saw a fall in prices. Because of the lack of demand and easy access to supplies in the domestic market, Wheat prices have been continuously declining. A decrease in prices is seen in the second month of Q1 as a result of favorable weather in the Northern Hemisphere. The oil and gas industries need for shale gas was also sufficient. In the final month of the quarter, there were enough inventories, and the weather returned to normal, which helped the forecast for output. This has exacerbated the price drop of Wheat in North America. Towards the end of Q1 2023, the price of Wheat was recorded to be USD 340/MT for FOB Chicago (USA) in March 2023. Asia Pacific Wheat prices in the Asia-Pacific area fluctuated in the first quarter of 2023 as a result of concerns about the state of the crops in several significant exporting countries. The price

North America During quarter 4 of 2022 in North America, the CFR Los Angeles Naltrexone Hydrochloride Prices increased from $6942000/mt to $6965000/mt in October and November before falling to $6915000/mt in December. Due to China's Golden Week holiday, Naltrexone Hydrochloride imports were suspended during the first week of October. Considering the huge inventories of the product, domestic suppliers were able to match the demand for most of the quarter. Hitherto, offtakes in the end-user industries remained above average. The market for Naltrexone Hydrochloride saw a pattern change in the second part of the quarter as a result of the unexpected rise in Covid cases in China. Nevertheless, as the economy grew and there was a significant decline in port backlog in December, the disrupted supply chain did progressively mend. Europe Prices of Naltrexone Hydrochloride decreased slightly in Europe during the fourth quarter of 2022, with CFR Hamburg values falling from $7027570/mt t

North America Over the first quarter of 2023, there were fluctuations in the prices of Wheat in North America, and the first month of the quarter saw a fall in prices. Because of the lack of demand and easy access to supplies in the domestic market, Wheat prices have been continuously declining. A decrease in prices is seen in the second month of Q1 as a result of favorable weather in the Northern Hemisphere. The oil and gas industries need for shale gas was also sufficient. In the final month of the quarter, there were enough inventories, and the weather returned to normal, which helped the forecast for output. This has exacerbated the price drop of Wheat in North America. Towards the end of Q1 2023, the price of Wheat was recorded to be USD 340/MT for FOB Chicago (USA) in March 2023. Asia Pacific Wheat prices in the Asia-Pacific area fluctuated in the first quarter of 2023 as a result of concerns about the state of the crops in several significant exporting countries. The price

North America The fourth quarter of 2022 saw a significant drop in the price of the galvanized plain sheet in the US market due to declining demand dynamics and lengthy lead times. US Steel had already shut down two blast furnaces as a consequence of imminent market conditions. Buyers continued to prioritize reducing inventories for all products through the end of the year, which prevented them from participating in the spot market made possible by domestic mills' shorter lead times as opposed to imports' longer lead times. Market participants said that lead times had increased from 6 weeks to 6-7 weeks and that the regional market's inventory level was sufficient to satisfy domestic demand. Several significant manufacturers have increased their quotation range in response to price hikes in the marketplace. In addition, market participants saw that steel mills were sticking to their offers despite a slowdown in purchasing activity before the year's conclusion. However

North America In the fourth quarter of 2022, the Fluconazole Prices in the North American region showcased an irregular trajectory. It was projected at the start of Q4 2022 that prices would rise in the second month of the quarter due to increasing end-user sector demand and other logistical challenges. The implementation of zero covid rules hampered trading activity and halted shipments, which benefited the Fluconazole market. The market remained competitive despite higher manufacturing costs brought on by rising energy prices. However, later in December, as a result of domestic retailers having an adequate supply on hand, fluconazole API prices did decrease. Because of the policies being loosened and the weak downstream demand, the market remained depressed. By the end of Q3 2022, prices were recorded to drop, with values accessed at USD 159020/MT with an average quarterly inclination of 0.99%. Europe In the third quarter of 2022, Prices of Fluconazole API market sentiments in

North America Ibuprofen displayed strong market dynamics with minimal fluctuation in the first quarter of 2023. With the start of Q1 2023, prices increased through the end of February, supported by sustained purchases from the pharmaceutical end-user industry and merchant stocks to meet demand. Also, the ease of trade disruption supported the Ibuprofen market trend from January. With an average quarterly inclination of 1.32%, the settlement prices of Ibuprofen API was recorded at USD 14580/MT CFR in New York. The energy cost was also 19.1% higher in February than a year earlier. Also, better trade flow and simpler logistic charges compared to the prior quarter influenced the market situation positively. On the other hand, the prices dropped in the month of March, backed by enough inventories and low offtakes from the end-user sector. Asia Ibuprofen prices witnessed an increasing trajectory in the APAC region in the first quarter of 2023. After the Lunar New Year break, the Chines

North America In North America, Metronidazole prices escalated from USD 36825/MT to USD 37525/MT in October and November of 2022 in the USA before dropping to USD 36225/mt in December. Metronidazole imports were halted during the first week of October due to China's Golden Week holiday. Given the substantial product inventories, domestic suppliers were able to meet the demand for most of the quarter, and up until this point, offtakes in the end-user industries continued to be above normal. The unanticipated increase in Covid cases in China caused a pattern shift in the market for Metronidazole in the second half of the quarter. However, when the economy expanded and the port backlog significantly decreased in November, the disrupted supply did progressively mend.   Europe During Q4 of 2022, Metronidazole prices increased in the European region from USD 38815/MT to USD 39905/MT in October and November, dropping to USD 38560/MT in December. Demand from the downstream pharmaceuti

North America In the final quarter of 2022, the Steel Plate prices plunged in the US market owing to the limited inquiries from the downstream segment. In October, major manufacturers were curtailing production activity to fill the supply-demand gap. The Mississippi River's water level had dropped so low that barges had become stuck, resulting in costly dredging and traffic congestion. According to manufacturers, Steel Plate fell as the market remains concerned about logistics. As shippers cannot load as much weight on a barge at low water levels, barges became much more expensive, causing shipping delays. Towards the quarter's end, the inventory level dropped, and Steel Plate manufacturers started raising prices, anticipating a higher demand outlook before the Christmas holiday. Buyers had opted wait-and-watch outlook as the market slowed ahead of the holidays. Thus, Steel Plate (20 mm) prices for Ex Works Texas (USA) settled at USD 1605/MT. Asia Pacific In the Chinese ma

North America In the final quarter of 2022, the Copper Plate prices showcased a rising trend in the US market, despite rising interest rates and a mixed downstream demand outlook. Copper prices fluctuated due to fears of a global recession as inflation in North America reached double digits in Q4. The supply outlook remained bleak in October, as lower prices were insufficient to spur new manufacturing investment. According to buyers, copper prices rose in mid-Q4 alongside global stock markets as investors believed that central banks would slow the pace of interest rate rises, and the dollar fell, making dollar-priced commodities less expensive for buyers using other currencies. In the absence of any changes in the base metals that indicated a continuation of sideways movement, the copper plate market remained uncertain amid global conflicts and the US midterm elections. Buyers reported that the physical trade had been extremely quiet and would continue to be so until the end of the