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North America The demand for Sodium Molybdate in North America remained moderate to low in the first quarter of 2023. Slow economic activity was the primary driving factor, despite production continuing without any interruptions. Although the demand for dye and pigment, and water treatment showed some improvement by the end of the quarter, it remained lower than expected due to prolonged inflationary pressure. Additionally, concerns about the FED’s frequent price revisions on domestic interest rates were putting pressure on the country’s economy and affecting demand for the product. Labor shortage also remained a matter of concern for the country, which led the Houston port to close for a couple of days. Asia The Indian Sodium Molybdate Prices witnessed a significant price drop of 19.7% in March 2023 due to lower demand and increased supply, including cheaper imports from China and South Korea. Although production activities remained strong in India, the decrease in prices was sup

North America During Q1 2023, Mineral Turpentine Oil Prices kept on fluctuating in the North American market, where demand fundamentals remained low from the domestic downstream sectors, and prices were primarily driven by orders from the international market. Data reveals that the downstream industries like automotive, paints, and adhesives showed some improvement by the end of the quarter but remained below expectations due to prolonged inflationary pressure. Furthermore, the FED's frequent price revisions on domestic interest rates were contributing to concerns about the country's economy and affecting demand for the product. Asia The price of Mineral Turpentine Oil (MTO) in India decreased by 2.4% in March 2023 compared to the previous month, despite the seasonal increase in demand from downstream industries. The low demand in the international market also affected the prices of imported cargo. In February 2023, the product's price had increased by 3% due to high d

North America The Melatonin Prices demonstrated an upward momentum during the first quarter of 2023, with FOB New York prices escalating from $130260 per MT in January to $133860 per MT in March. Considering the market instability in the previous quarter, industry experts had anticipated that the pharmaceutical and nutraceuticals industries would continue to sail through mixed sentiments during the first quarter of 2023. However, consistent demand for Melatonin throughout the quarter from the end users and reasonable inquiries from downstream suppliers maintained the market dynamics in the US. Since the supply chain and trade remained strong throughout the first half of the quarter, China's relaxation of its zero-covid prohibition was advantageous. This further reduced freight costs benefitting the commerce between the US and China.    Asia Pacific The Asia Pacific region showed encouraging prospects for the Melatonin Price Q1 2023. The multi-trillion-dollar Asia Pacific econ

North America   The first quarter of 2023 saw fluctuation in the North American market for Biotin Prices declines in the first month of the quarter because of ease in port congestion in the US, severely restricting trade activity from importing nations. Due to a variety of factors, such as the US's skyrocketing inflation, the geopolitical crisis in Russia and Ukraine, and the wildly fluctuating nature of oil prices, domestic traders and producers continued to be concerned about the high cost of chemicals used in the food and beverage industry throughout the quarter, including Biotin. Prices decreased in the last month of the quarter as a result of the steady offtakes and the availability of sufficient inventories in the downstream sectors of the US region. Towards the end of the quarter, the prices for Biotin were assessed at around USD 272980/MT for CFR New York in March. Asia Pacific Biotin prices in the Asia Pacific region declined in the first quarter of 2023 for a variety

North America The first quarter saw a continued decline in the Ammonium Chloride Prices in the US market as a result of the sharp drop in raw material costs, which also had a significant impact on the price of ammonium chloride in the US market. The statistics show that the price of feedstock natural gas decreased by about 15% throughout the last quarter, and this trend continued in the current quarter. The decrease in feedstock costs allowed manufacturers to offer discounts to entice offtakes from downstream niche consumers, which had an effect on pricing trends in significant importing nations like India and some European countries. The operating rate remained positive despite the fact that there was still a labor shortage in the US market. APAC The price trend for Ammonium Chloride pricing in the APAC region for the first quarter of 2023 was still dim due to a plentiful supply created by a lot of material entering India. The inventories were full, and the supplies were still en

North America Throughout the first quarter, the Levocetirizine Dihydrochloride Prices inclined in North America on account of a continuous surge in inquiries from the pharmaceutical and healthcare sectors. Moreover, Overall inflation eased with the start of 2023 and after a significant prolonged labor shortage, owing to which the businesses in the US increased employment in January, and wages rose. Following February, the prices continued to display a similar trend and were recorded at USD 658000/MT CFR Los Angeles. Towards the termination of Q1, as inquiries from the downstream sector continued to rise, Inventories for Levocetirizine Dihydrochloride API remained low among the market players, which compelled them to focus on raising their shelves. APAC In the APAC region, Levocetirizine Dihydrochloride price particularly in China, demonstrate an incremented trend throughout the first quarter of 2023. In the month of January, Levocetirizine Dihydrochloride prices inclined in China

North America During the first quarter of 2023, Non-Woven Fabric showcased irregular market sentiment in the North American region. The mixed sentiments in the feedstock Polypropylene market had contributed to the fluctuation in Non-Woven Fabric prices . The high demand for Non-Woven Fabric from the clothing sector also kept prices high in the first half of the quarter. However, the decline in Non-Woven Fabric prices in the second half of Q1 suggests that the demand had tapered off or the supply had increased. As a result, the downstream market's fluctuation in a lower range throughout the final month of the quarter further strengthened the downward trend in Non-Woven Fabric prices. Asia- Pacific The non-Woven Fabric market in the Asia-Pacific region experienced some notable fluctuations during the first quarter of 2023. The increase in Non-Woven Fabric prices during the first two months was driven by rising manufacturing costs, which were in turn driven by increased raw materi

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 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 most 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 activity

North America The Magnesium Powder Prices demonstrates a mixed market trend for Magnesium Oxide hearse, a decremented trajectory for Magnesium Stearate throughout the first quarter of 2023. However, prices inclined in January due to healthy domestic demand with limited stocks among the market participants. Besides this, consumer demand showed a weaker trend even if the market trend remained on the upper side as February approached, which caused local suppliers and traders to concentrate on placing orders in line with necessities. Also, the decrease in upstream Stearic Acid and oleic acid prices further supported the declining market trend for Magnesium Stearate until the end of the first quarter of 2023. However, improvement in trade activity somewhat supported the positive price trend in the market for Magnesium oxide until the very end of March. Overall, the cost of Magnesium Powder in the United States during the month of March was constructed at USD 440/MT for Magnesium Oxide an

North America The demand for Sodium Molybdate in North America remained moderate to low in the first quarter of 2023. Slow economic activity was the primary driving factor, despite production continuing without any interruptions. Although the demand for dye and pigment, and water treatment showed some improvement by the end of the quarter, it remained lower than expected due to prolonged inflationary pressure. Additionally, concerns about the FED’s frequent price revisions on domestic interest rates were putting pressure on the country’s economy and affecting demand for the product. Labor shortage also remained a matter of concern for the country, which led the Houston port to close for a couple of days. Asia The Indian Sodium Molybdate Prices witnessed a significant price drop of 19.7% in March 2023 due to lower demand and increased supply, including cheaper imports from China and South Korea. Although production activities remained strong in India, the decrease in prices was sup

North America In the first quarter of 2023, Carbon disulphide prices in the USA market have continued to decline due to slow purchasing sentiment and strong supplies. Demand from the dyes and rubber industries has been weak, and there were limited inquiries for new orders from end-users, resulting in a bearish pricing trend in the domestic market. The manufacturing industry in the US market has also been underperforming, contributing to the sluggishness in the market. Operating rates have remained stable, leading to high inventory levels in the USA. Additionally, market participants reported, the recent banking crisis in the USA has had a negative impact on the market growth of various commodities, including Carbon disulphide. Asia-Pacific During the first quarter of 2023, Carbon disulphide prices have decreased in China due to slow purchasing sentiment in the market. Operating rates in China have remained moderate due to weak consumption from downstream industries. Additionally,

North America During the first quarter of 2023, Non-Woven Fabric showcased irregular market sentiment in the North American region. The mixed sentiments in the feedstock Polypropylene market had contributed to the fluctuation in Non-Woven Fabric prices . The high demand for Non-Woven Fabric from the clothing sector also kept prices high in the first half of the quarter. However, the decline in Non-Woven Fabric prices in the second half of Q1 suggests that the demand had tapered off or the supply had increased. As a result, the downstream market's fluctuation in a lower range throughout the final month of the quarter further strengthened the downward trend in Non-Woven Fabric prices. Asia- Pacific The non-Woven Fabric market in the Asia-Pacific region experienced some notable fluctuations during the first quarter of 2023. The increase in Non-Woven Fabric prices during the first two months was driven by rising manufacturing costs, which were in turn driven by increased raw materi

North America The first quarter of 2023 proved to be a turbulent time for the US market's Alkyl Amine prices . Mixed sentiments were observed as the price of the product experienced fluctuations. In the initial month of the quarter, the price increased due to a scarcity of supply in the country. However, the demand from the downstream agriculture sector and polymer industry was commendable. In February, the price remained stable due to a balance between the demand and supply in the US market. Unfortunately, March saw a decline in the price of Alkyl Amine. The decrease was in line with the trend of its feedstock Ammonia, whose price fell by roughly 33% this month. Despite an oversupply of the product in the international market, low global demand pushed the feedstock Ammonia prices down, further impacting the price of Alkyl Amine. APAC The Asian market experienced a significant decrease in the price of Alkyl Amine during Q1 2023. The primary factor that caused this price fluctua

North America In the North American region, the pricing trend for Stainless-Steel Round Bar varied over the three months in the first quarter of 2023. Initially, there was a stagnancy in the pricing trend for SS Round Bar due to consistent downstream inquiries. However, stocks available in the spot market increased significantly as stainless-steel factories increased product distribution. In February, the rates for SS Round Bar increased by more than 1.2% despite a lack of forward visibility and persistent recessionary concerns that continue to erode buyer confidence in the United States. However, the prices for SS Round Bar declined in March due to fewer spot sales or purchases owing to slow demand amid plentiful inventory available in the domestic market. Furthermore, weak orders from end-user industries were observed as they were wary of purchasing it at offered prices in such a volatile market. Therefore, prices of Stainless Steel Round Bar for Ex Philadelphia settled at USD 7480

North America In the first quarter of 2023, the US market experienced a rise in Copper Rod prices due to the banking meltdown's impact on high inflation and high-interest rates. Market players had noted that lower copper prices led to increased market demand ahead of traditionally high-demand months, such as April and May. As market participants looked for signs of a solid post-pandemic recovery, a slowdown in inventory build-up had indicated a rise in demand, and lead times had also been reduced due to lower input demand and fewer logistical delays. This improvement was driven by a sharp drop in input purchasing by manufacturers. Firms had chosen to deplete inventories as stocks of purchased and finished goods contracted. Additionally, the failure of Silicon Valley Bank in mid-March had a modest impact. The US dollar had also risen against most major currencies, reversing recent losses. The market's preference for safe-haven assets had remained high due to continuing concer

North America Over the first quarter of 2023, there were fluctuations in the Wheat Prices 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 cli

North America In the first quarter of 2023, the US Cold Rolled Coil Prices saw an unprecedented surge in prices as mills attempted to push prices up due to a tight market and longer lead times. Supply constraints were exacerbated by planned outages and failed mill ramp-ups, prompting steelmakers to take command of output levels. Steelmakers tightened their grip on production levels, dropping capacity utilization rates below 80%. However, demand dynamics remained at a lower level despite rising prices, making buyers hesitant to make forward purchases. The market reacted sluggishly to the price hike announcement, and spot inquiries dwindled as buyers attempted to determine whether a peak had been reached. CRC lead times reached an all-time high at the end of March, but the increased lead times did not appear to increase demand or allow mills to reserve more expensive spot tonnes. As a result, buyers continued to assess their order books and limit contract purchases to manage their inv

North America Over the first quarter of 2023, there were fluctuations in the Wheat Prices 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 cli

North America The Aluminium Wire Prices in the US market rose in the first quarter of 2023 due to increased premium costs amid financial market turmoil. Market players noted that this trend began after a series of smelter curtailments last year and was further fueled by sustained supply issues and rising demand expectations surrounding China's return to the market. Market participants claimed that US premiums were rising to attract more metal, and Western market premiums for aluminium ingots also increased due to speculation of rising Chinese demand. However, the collapse of two US banks and market uncertainty contributed to the first drop in the US Midwest aluminium premium since mid-February. Despite this, market players remained unconcerned about oversupply, as downstream demand was in its peak season, and stockpiles of Aluminium Wire had significantly decreased, despite increased domestic supply and imported inflows. Asia Pacific In Q1 2023, Aluminium Wire prices in China

North America In the first quarter of 2023, Copper Wire prices in the US rose due to the banking meltdown's effect on inflation and interest rates. Market players observed that lower copper prices resulted in increased demand before traditionally high-demand periods, such as April and May. As the market searched for indications of a solid post-pandemic recovery, a reduction in inventory build-up suggested a rise in demand. Manufacturers' input purchasing had decreased, resulting in shorter lead times and fewer logistical delays. Firms opted to deplete inventories, causing stocks of purchased and finished goods to decrease. The Silicon Valley Bank's failure in mid-March had a small effect. In March, lower prices and more competitive payment terms drove the first-half recovery of orders, but new orders sharply declined in the second half, with concerns of a further drop in April. Spot premiums declined before bouncing back due to cash flow issues and market player tactics.

North America In Q1 2023, the US Graphite Prices experienced mixed sentiments due to varying downstream demand and limited stockpile inventories. In January, the downstream production activity remained low despite strong buyer demand, while high inflation negatively affected demand conditions. The Inflation Reduction Act was passed to increase EV sales, resulting in increased demand for graphite flakes due to strong inquiries from downstream EV batteries. In February, the prices of raw materials upstream of graphite electrodes rose, causing high-cost pressure, and some businesses had to cease operations. Many spherical graphite producers faced narrow profit margins or losses due to the current price of fine flake graphite; some were even on hiatus. In March, the domestic market displayed a bearish sentiment, and new orders for Uncoated Spheroidized Graphite (uSPG) were falling, with major anode producers consuming existing stocks. Despite industry participants remaining optimistic,