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In the second quarter of 2023, the Aluminium Sheet prices showed a bullish price trend in the North American market amid the tight supply and increased demand from the downstream automobile industry. In April, the inventory level declined as the production rate decreased in the local Aluminium Sheet manufacturing plants. The feedstock Aluminium price also surged as the consumption from the downstream automotive industry remained on the higher verge in the local and Overseas aluminum industries. As per market players, the downstream automobile sector experienced an uprise as the sales of elect

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 su

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 uncerta

The US Dimethylcyclosiloxane Prices market remained underwhelmed during this quarter owing to low demand from the domestic downstream sectors amidst the abundance of the product in the country. Downstream industries' performance outlook stood upon expectations and remained dull throughout this timeframe. However, optimism regarding future months' performance of the Asian market coupled with the European energy crisis is projecting export prices to rise in the coming quarter. Supplies from the major manufacturers remained firm, while key players heard opting for supply cuts in order to control

Azithromycin prices showcased a see-saw trend in the Asia Pacific region throughout the fourth Quarter of 2022. Some industries were shutdowns due to a long week holiday in the first week of October and later stringent lockdowns resulting in increased risks of further uncertainties in production, operations, logistics, and supply chain activities. Considering the situation, Chinese manufacturers raised their prices of Azithromycin to USD 99000/MT in October to maintain stability in their profit margin. In contrast, prices started declining from the onset of November as demand from the downstr

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

In the fourth quarter of 2022, Hot Rolled Coil prices in the US market showed a mixed trend due to weakening demand amidst a few positive signs in the market. As steelmakers approached or even met breakeven points, multiple market participants recognized that the Hot Rolled Coil market had reached a bottom in October. High-priced raw materials had higher conversion costs, mainly expensive pig iron inventories and higher-priced scrap inventories. With the Thanksgiving holiday in the United States in November, demand plummeted, and the rest of the year was expected to be slow. However, Hot Roll

The Petroleum Coke Pricing (Pet coke) in the American market increased at negligible margins for the first two months of Q4 2022. The steady performance of the downstream construction sector in the US is the primary reason for the almost stable price trend during the start of the fourth quarter of 2022. The rising of upstream crude oil prices abetted the increasing price trend of PET Coke in the USA. During the final month of Q4 2022, Pet Coke prices decreased in the American market primarily due to the year-end destocking in the US and the poor demand scenario during the festive season.

The Third Quarter of 2022 saw a decline in the market trend in North America, which was supported by a decrease in downstream demand from the pharmaceutical and biopharmaceutical industries. Additionally, there was a severe shortage of Enoxaparin Sodium Price on the market due to the significant drop in pricing and the need for Upstream feed Heparin sodium, which had a negative impact on the price of Enoxaparin sodium. Additionally, reduced freight costs as a result of affected trade operations during volatile fuel prices have a significant negative impact on the market price value of Enoxapa

The Clindamycin Phosphate Price showcased decremented pricing sentiments during the third quarter of 2022 in the North American region. The Clindamycin Phosphate prices in the United States declined throughout the Q3, backed by reduced demand from the downstream pharmaceutical industries amidst weak purchasing activities and overflowing inventories from domestic merchants. Furthermore, the fluctuation in energy values and freight charges also led to the instability in the price of Clindamycin Phosphate. By the termination of the third quarter, the prices of Clindamycin phosphate demonstrated

The third quarter of 2022 saw a decline in the market's sentiment about Mustard Oil Prices. Due to an abundance of mustard oil production at the beginning of the first half in response to the pricing pattern of the fourth quarter of 2021, prices were already high. Due to the prolongation of India's import tariff on vegetable oils until March 2023, prices have decreased. Due to the early harvest of the mustard crop, which resulted in a considerable supply, the price decreased in the second half compared to the first quarter. Due to the stacked supply of mustard oil that had previously been imp

Sodium Ascorbate Price in the US domestic market fell sharply during the third quarter of 2022, from USD 5840/MT to USD 4440/MT from July to September. The factories that produce Sodium Ascorbate were compelled to decrease prices because of the immediate lockdowns in China, where the majority of pharmaceutical excipients are imported. As a result, the US Sodium Ascorbate market saw a decline in demand from downstream pharmaceutical and nutraceuticals industries. US imports significantly declined due to the shutdown of industrial facilities in China, some of which were shut down for maintenanc

Ethylene Acrylic Acid Copolymer Prices increased consistently during the second quarter of 2022, backed by surging upstream costs. The feedstock Acrylic Acid market value soared throughout the quarter amidst rising propylene prices and bullish downstream demand from the plastics and paint industries. Furthermore, the increment in Acrylic Acid prices raised the manufacturing cost of Ethylene Acrylic Acid Copolymer, eventually causing its price hike. In addition, the downstream demand for Ethylene Acrylic Acid Copolymer from the packaging industries was another crucial factor contributing to it