Aspirin Pricing Trend and Forecast - Noida

Thursday, 19 January 2023

Item details

City: Noida, Uttar Pradesh
Offer type: Offer

Contacts

Contact name ChemAnalyst
Phone 03322586602

Item description

In the fourth quarter of 2022, the North American market witnessed seesaw sentiments for Aspirin Pricing to fluctuating demand from downstream pharmaceutical industries. The prices of Aspirin in the US market surged until November and were assessed at USD 5705/MT but scaled down slightly to USD 5525/MT in December. Supply chain disruptions from a major exporting country, mainly China, were noted due to the Golden week vacation in the first week of October and later Covid restrictions. However, demand from downstream pharmaceutical industries has been strong owing to limited inventories, encouraging the trader's sentiment in the domestic market. By the end of the quarter, improvement in import frequencies from China led to adequate stock in the market, causing the value to be slightly lower. Also, a decrement was seen in the market dynamics due to weak demand and a dull purchasing mood ahead of the Christmas Holiday.

For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/aspirin-1409
Contact No:- +13322586602