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Amlodipine Besylate Prices Trend and Forecast

North America

In the first quarter of 2023, Amlodipine Besylate Prices showed stable appreciation in the price trajectory. Prices rose at the start of Q1 2023 and stayed up through the end of February thanks to merchant supplies to satisfy demand and ongoing purchases from the pharmaceutical end-user business. The settlement price of Amlodipine Besylate API was reported at USD 51520/MT CFR New York, with an average quarterly inclination of 0.70%. Additionally, the market position was favorably impacted by improved trade flow and simpler logistic charges than the previous quarter. On the other hand, prices stabilize from the beginning of February till the termination of March due to sufficient stocks, low-end-user sector offtakes, and a decrease in freight costs.

Asia

Amlodipine Besylate prices witnessed a positive trajectory in the APAC region in the first quarter of 2023. The prices surged considerably at the commencement of Q1 2023, with the demand from both the domestic and international markets for the replenishment of their inventories with fresh stock. Also, increased production activities kept the market situation strong. With the commencement of February 2023, After the Lunar New Year break, the Chinese pharmaceutical markets technically returned on a positive note with consistent orders from both the domestic and the international market. As the market was reopened, factory and port operations resumed. At the termination of Q1 2023, the settlement price of Amlodipine Besylate API accessed at USD 34100/MT FOB Shanghai with an average quarterly inclination of 1.24%.

Europe

Amlodipine Besylate's price trajectory showed consistent appreciation in the first quarter of 2023. Due to merchant supply to meet demand and continued purchases from the pharmaceutical end-user sector, prices increased at the beginning of Q1 2023 and remained up until the end of February. Amlodipine Besylate API's settlement price was reported to be USD 54560/MT CFR Hamburg, with a quarterly average inclination of 1.05%. The market position also benefited from an increase in trade flow and simpler logistic costs compared to the previous quarter. On the other hand, prices stabilize from the start of February to the end of March as a result of adequate stocks, offtakes from the low-end consumer sector, and a decline in freight costs.

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