ChemAnalyst

In North America, due to an unstable market for demand from downstream industries, the Palm Oil Prices fluctuated in the first quarter of 2023. Product prices decreased because of the ease of supply from Indonesian palm oil producers during the first part of Q1 2023. The majority of the palm oil imported by North American countries comes from nations in the Asia Pacific, particularly Indonesia, and Malaysia. In the first half of Q1 2023, the product's price decreased because of excess inventory in its local market. Even so, prices rose in the final month of the quarter as a result of a declin

Biotin Pricing in the US domestic market fell sharply during the third quarter of 2022, from USD 395250/MT to USD 368750/MT from July to September. The US Biotin market saw a decline in demand from downstream pharmaceutical and nutraceuticals industries following the slow offtakes in downstream sectors. In the US market, the growing recession fear has increased the interest rate resulting in weakened consumer spending. Additionally, the market sources informed that the accelerated supply of Biotin has been enough to fulfill the orders. These factors had a substantial influence on the downward

The third quarter of 2022 started positively for the North American Doxycycline Hydrochloride Prices, with prices settling at USD 85320/MT in July. Lack of inventory and high demand for the product from the downstream pharmaceutical industry were the reasons behind the spike. Many Chinese API production facilities were shut down for maintenance during the last week of July, significantly reducing imports into the US. However, these values eventually decreased from the second half of the quarter and were assembled at USD 83890/MT in September. Demand from the downstream sector declined during

During the third quarter of 2022, the US Steel Rebar prices fell due to the limited buying sentiments. Market participants believe supply chain disruptions caused by price increases in July weighed on buyer spending. Buyers claim that June's most recent drops in ferrous pricing fuelled speculation that the market reached the bottom. Unfortunately for ferrous scrap sellers, later bids from overseas buyers and sluggish domestic buying in the early quarter governed the price dynamics of Steel wire rods. Furthermore, US Steel Wire Rod Pricing had significantly impacted weak downstream demand, cau

In the North American region, the Gentamicin Sulfate Pricing witnessed an incremented state during the Second Quarter of 2022, backed by heightened offtake from various downstream sectors, mainly pharmaceutical sectors. Further, China, the leading exporter of Gentamicin sulfate API to this market, underwent a price hike of API during the Second Quarter owing to transport disruptions due to cargo shortages and rerouting activity. In addition, supply disruptions and labor shortages due to heightened downstream demand were another added factor resulting in higher Gentamycin sulfate prices. Towar